NEW YORK ( TheStreet) -- JA Solar Holdings ( JASO), Gol Linhas Aereas Inteligentes S.A. ( GOL), O2Micro ( OIIM), Pampa Energía S.A. ( PAM), LDK Solar ( LDK), Jinko Solar ( JKS), IRSA Inversiones Representaciones ( IRS), Banco Macro SA ( BMA), ReneSola ( SOL), China Ming Yang Wind Power ( MY) are expected to return up to 78%, based on their respective 12-month price targets.Analysts expect these 10 smaller stocks to outperform their peers and broader markets, based on their respective 12-month price targets. These small-caps have an upside potential of 35%-78% with an average upside value of around 49% and average buy ratings of 67%. These stocks pan sectors such as financials, information technology, solar, utilities, real estate, and airlines.
10. JA Solar Holdings ( JASO) is a China-based manufacturer of high-performance solar power products. Revenue for 2010 fourth quarter came in at $584.3 million, increasing 137% from $246.5 million registered in the fourth quarter of the prior year. Actual sales recorded for the fourth quarter were consistent with analysts' estimates. Gross profit increased to $112.2 million from $50.8 million in same quarter of 2009. Gross margin dropped to 19.2% from 20.6% in the earlier year quarter. Total solar products shipments for 2010 fourth quarter were 463 MW, growing 100% from 231 MW during the same period last year. Based on demand, JA Solar expects total cell and module shipments to surpass 2.2 GW in 2011, or a 50% increase from 2010. Analysts have buy ratings of 46% and expect the stock to deliver 35% return in the next one year. The stock is trading at 4.9 times its estimated 2011 earnings.