For Immediate Release Chicago, IL – April 05, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include SunEdison (SUNE), JinkoSolar Holding Co., Ltd. (JKS), SolarEdge Technologies, Inc. (SEDG) and ReneSola Ltd. (SOL). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Monday’s Analyst Blog: Forget SunEdison: 3 Top-Ranked Solar Stocks to Buy Just when we thought things were improving in the solar space, irrespective of the fortunes or misfortunes of oil, the stocks were hit by a report that SunEdison (SUNE) is preparing to declare bankruptcy. The company’s share price has been dipping amid an investigation by the Securities and Exchange Commission and was cut in half in late trading on Friday, Apr 1. SunEdison shares plummeted more than 45% in after-hours trading as a recent report fromThe Wall Street Journal cited that the company was in talks to secure debtor-in-possession financing, which serves a purpose similar to companies that are restructuring. As dark clouds loom over SunEdison, which had once called itself the largest renewable energy developer in the world, a few other established names in the space also fell in after-hours trading Friday. Solar stocks though backed by a positive regulatory climate have suffered since the oil price downcycle. Yet, solar manufacturers are gaining from a global boom in installations and a turnaround in profitability across the industry following years of cost cutting to survive declining panel prices. Data from the U.S. show strong solar uptake in 2015. The U.S. installed more solar than natural gas capacity last year, its first in history. According to a current report by GTM Research, U.S. solar installations grew 17% in 2015 to 7,286 megawatts (MW), marking the 15th consecutive annual record. Per the Solar Energy Association, in the next two years, approximately 20,000 MWs of new solar capacity will be installed, about twice the existing capacity. Although SunEdison may not be fulfilling investors’ interests anymore, there are other stocks in the sector that are worth considering and may be a prospective investment. We have handpicked three stocks from the solar space that have a Zacks Rank #1 (Strong Buy) indicating the best upside potential. The solar sector is also set to reap benefits from the production tax credit extension. The budget deal struck by Congress last December offered big benefits for solar power. The legislation gave the nod for an additional five years of an investment tax credit (ITC) enabling solar companies to keep claiming federal ITC at 30% of the price of solar energy systems. The ITC was earlier set to expire at the end of 2016. Our Choices JinkoSolar Holding Co., Ltd. (JKS) has a market cap of $633.63 million. JinkoSolar is a well-known provider of solutions in the photovoltaic industry in Jiangxi and Zhejiang provinces in China and recovers silicon materials, makes solar modules and generates solar power. JinkoSolar’s net profit more than tripled in 2015 as revenues climbed 41%. This was mainly due to the company’s record-high solar module shipments, which reached nearly 3 gigawatt (GW) in 2015, of which 520.4 megawatt (MW) was used in its own downstream projects. For 2016, JinkoSolar is banking on yet another achievement: its shipments are expected to be in the range of 6 GW and 6.5 GW, an increase of between 33% and 44%. The company has surpassed the Zacks Consensus Estimate in all the last four quarters, delivering an average positive surprise of 58.59%. The company witnessed two positive earnings estimate revisions over the last 60 days for the quarter ending Mar 2016, and another two positive earnings estimate revisions over the same period for the quarter ending Jun 2016. The stock sports a Zacks Rank #1 and has a forward price-to-earnings (P/E) ratio of 4.12 versus the industry average of 17.10. SolarEdge Technologies, Inc. (SEDG), an Israeli-based company, is a designer, developer and manufacturer of inverter solutions for photovoltaic or PV systems. It provides power optimizers, power inverters, and a cloud-based monitoring platform. It serves residential solar installations to commercial and small utility-scale solar installations. In Feb 2016, SolarEdge reported Q216 earnings wherein its top line grew 70.3% year over year and non-GAAP gross margin was up by 950 basis points. The company saw three positive earnings estimate revisions over the last 60 days for the quarter ending Mar 2016, and two positive revisions over the same period for the quarter ending Jun 2016. This Zacks Ranked #1 stock has a forward P/E ratio for the current financial year (F1) of 17.09. Its earnings estimate for the current year has improved 11.6% over the last 60 days. The company delivered positive earnings surprises in all the last four quarters with an average beat of 68.71%. China-based ReneSola Ltd. (SOL) manufactures and sells solar wafers and related products. The company's solar wafers are sold to both Chinese and international PV cell and module manufacturers. ReneSola has made significant progress in transforming itself from a solar product manufacturer to a multi-faceted participant across the green energy value chain. It has reduced operating expenses as well as debt. ReneSola has also boosted its net margins over the last three quarters apart from witnessing earnings per share growth. It has surpassed the earnings estimate in three of the last four quarters with an average beat of 160.39%. The company currently has a Zacks Rank #1 and has seen one positive earnings revision for the quarter ending Mar 2016 and another positive revision for the quarter ending Jun 2016. To Sum Up As we have witnessed strong market gains last month, the positive momentum of the economy may bode well for solar stocks in April as well. Affirmative economic data, a rebound in oil prices, dovish Fed remarks as well as a strong dollar are injecting brightness into the whole economy. This will bring back investor appetite for riskier assets. Hence, investing in these stocks may prove to be profitable given the environmental considerations that have been driving demand for alternative energy sources. Within the Zacks Industry classification, the Zacks Industry Rank for Solar is #13 out of 265. This corresponds to the top 5%, implying a bullish outlook. Want the latest recommendations from Zacks Investment Research? Today, you can download7 Best Stocks for the Next 30 Days. Click to get this free report >> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today. Find out What is happening in the stock market today on zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SUNEDISON INC (SUNE): Free Stock Analysis Report JINKOSOLAR HLDG (JKS): Free Stock Analysis Report SOLAREDGE TECH (SEDG): Free Stock Analysis Report RENESOLA LT-ADR (SOL): Free Stock Analysis Report To read this article on Zacks.com click here.