NEW YORK ( TheStreet) -- Trina Solar (TSL - Get Report), ReneSola (SOL) and GT Solar (SOLR) are among the 10 energy stocks with the best returns on equity. These 10 stocks' returns on equity over the past 12 months ranged from about 34% to more than 300%.
Analysts expect most of these 10 energy stocks to outperform their peers and the broader markets, based on analysts' 12-month price targets. These targets also indicate that these stocks could rise up to 69% over the next year.
These 10 stocks are listed based on return on equity, and are ranked lowest to highest.Please note that we calculate return on equity by subtracting cash preferred dividends from net income for the past 12 months and then dividing the result by average common shareholder equity.