Pier 1 Imports
It's a modest sum, but can you imagine the lucky investors who snapped up the stock in March 2009, when it was trading for as little as a dime? Those shareholders are not only sitting on a 180-bagger right now, but they'll now also be making back their original investment every three quarters!
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
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NVIDIA
has a new believer. Cantor Fitzgerald initiated coverage of the graphics-chip giant with a "buy" rating and $20 price target. Looking good, Nvidia.(Nasdaq: NVDA) -
Quepasa
is going in for a name change. The social-discovery specialist behind myYearbook and its namesake social-networking website will change its corporate moniker to MeetMe later this year. If that doesn't work, it can always be an online dating website with that name.(AMEX: QPSA) -
Sirius XM Radio
has been volatile in recent days. The stock was initially climbing on the prospects that Liberty Media(Nasdaq: SIRI) would add to its 40% stake in the company, but the shares went the other way when an analyst argued that Liberty is unlikely to pay up to grow its stake. I guess there's static even on satellite radio.(Nasdaq: LMCA)
Moving on
Now that you've had a glimpse of the past, let's delve into the future. A new report details the latest Rule-Breaking multibagger that has earned Fool co-founder David Gardner's attention. The report is free, and you're closer to it than you might think. Check it out now.