Penny stocks are often given a bum rap by some investors who turn their noses up at them before giving them a good look.

This can be a big mistake. Here are four penny stocks that if you had invested just $1,000 in them at their lows, you would have seen your $1,000 grow to as much as $411,129 today.

Remember the tech bubble of 1999?

Concur Technologies, Inc. (NASDAQGS: CNQR), with a 52-week high of $114.32 at the time, crashed along with the market when its share price hit a bottom on Mar. 30, 2001 of 31 cents.

Overnight it became a penny stock most investors totally wrote off.

If you have been one of the insightful ones, who invested just $1,000 into it when it hit its low, your $1,000 would have grown to $411,129 today.

Concur climbed its way back to the top because it had created and continued to improve a quality service that was in demand. Even when it was a penny stock, Concur's basic value proposition remained solid.

Results speak loudly

In 2013, the company reported it had about 4,000 clients using its travel-and-expense management services that generated nearly $1 billion annual revenue. In a recent interview, Concur's chief executive officer Rajeev Singh said the company is expanding its services to the consumer market.

Fiscal 2014 Results

On Jan 29, the company reported its fiscal 2014 results, which were positive.

The company reported total GAAP revenue for the first quarter of fiscal 2014 of $163.1 million. Excluding revenue from businesses that the company intends to divest, non-GAAP revenue for the first quarter of 2014 was $160.3 million, up 31% from the year-ago quarter and up 4% from the prior quarter. GAAP net loss attributable to Concur for the first quarter of fiscal 2014 was $24.2 million, or $0.43 per share. Fiscal 2014 first quarter non-GAAP pretax income was $12.4 million, or $0.21 per share.

"We kicked off fiscal 2014 with a strong first quarter in which we exceeded expectations for revenue, earnings, cash flow from operations and free cash flow. New customer growth remains very robust as more than 1,000 new customers joined the Concur family,? said Steve Singh, Chairman and CEO of Concur, in a written statement

On Jan. 30, CNQR's share price soared to a new 52-week high of $ 127.45, up $18.59 from its closing price of 118.66 the previous day.

Find out what could be the best investor's move when it comes to CNQR by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com/

Hansen Natural Becomes Monster

Despite Monster Beverage Corp. (NASDAQ: MNST) recently becoming the target of investigation alleging it is marketing energy drinks to children, the company's stock is soaring near its 52-week high of $70.49.

However, this wasn't always the case, far from it.

On Dec. 29, 1995 Monster, then known as Hansen Natural, closed at 69 cents a share. If you had invested just $1,000 in the company when it hit its low, your share value would be about 100,000 today.

Did you know for example that the super-hip, trendy beverage company is not a new company, but has been around since 1935? So what in the world happened, and how could a penny stock investor have recognized that this obscure company would one day evolve and change its name to Monster in 2012?

Part of the answer is being at the right place with the right product at the right time. For more than a decade energy drinks popularity has grown beyond anyone?s wildest dreams.

Energy Drink Consumption Growing Faster than Coffee and Soda

In 2012, Americans spend $8.3 billion on energy drinks, up 16.6% from the same period in 2011, according to data from Euromonitor. Over the last 10 years the energy-drink sector has been enjoying double-digit growth, according to Beverage Digest. If you had been an observant penny-stock investor, you might have noticed this trend when it began and invested heavily in Monster.

Still, with the mounting popularity of energy drinks, comes the reality of investigations and ultimately lawsuits and government regulation. While at this point none of the allegations against Monster specifically and energy drinks in general have been validated, there is always a possibility they will be. This is a risk factor that every investor should consider as part of his or her investment strategy.

Find out what could be the best investor's move when it comes to GGP by getting the complete report here, or by cutting and pasting the following link in your Web browser:

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Update on Investigation

On Jan. 16, San Francisco city attorney and the New York state attorney general announced that they had started conducting a join investigation a month before a California federal judge tossed out a lawsuit filed by Monster to block the investigation. They said the investigation was triggered by some unsubstantiated claims that highly-caffeinated energy drinks may contribute to the death of individuals with predisposed heart conditions, but there has been no proof, according to the Food and Drug Administration (FDA).

In a written statement, Monster Beverage has denied that its drinks are harmful to anyone's health. "The sale and consumption of more than 10 billion Monster energy drinks worldwide over more than 11 years has shown that our products are safe. Contrary to allegations, they are not highly caffeinated and they are not marketed to children," the statement said.

Furthermore, the company stated that there is a warning label on its products saying: "not recommended for children, people sensitive to caffeine, pregnant women or women who are nursing."

Analysts' consensus

So far, the investigation or allegations have not hurt Monster Beverage's standing among analysts. Only one analyst has rated the stock with a sell rating. Four analysts covering the company have assigned a hold rating. Seven have assigned it a buy rating, while one has given Monster Beverage a strong buy rating. The stock has a consensus rating of "Buy" and a consensus target price of $70.09.

On Jan. 30, MNST's share price closed at $68.67, up 90 cents from its closing price of $67.77 the previous day.

Find out what could be the best investor's move when it comes to MNST by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com/