NEW YORK ( TheStreet) -- ReneSola (SOL - Get Report), Trina Solar (TSL - Get Report), JA Solar Holdings (JASO - Get Report), China Sunergy (CSUN), GT Solar International (SOLR), Yingli Green Energy Holding (YGE - Get Report), LDK Solar (LDK), Jinko Solar (JKS - Get Report), Canadian Solar (CSIQ) and SunPower (SPWRA) are solar stocks offering upsides of up to 108%, according to analysts' 12-month price targets.
In comparison, integrated oil and gas majors ExxonMobil (XOM), Total (TOT), BP (BP), ConocoPhillips (COP) and Chevron (CVX) have upsides of -4% to 15%, according to consensus estimates of 12-month target prices.
The solar sector's long-term prospects are intact, as per industry experts. Currently, solar energy accounted for less than 0.1% in the overall energy mix in the U.S. The contribution could grow to around 10% of the country's power needs by 2025, according to Clean Edge, a research and advisory firm dedicated to the clean energy sector.
The following 10 solar stocks have buy ratings in the range of 38%-86% and are expected to gain up to 108% over the next 12 months with a mean upside value of around 43%, according to analysts polled by Bloomberg.