Based on the aggregated intelligence of 115,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, solar-wafer maker ReneSola (NYSE:SOL) has earned a coveted five-star ranking. Our data has shown that five-star stocks outperform the market by a significant margin; conversely, one-star stocks have woefully lagged the market average.

With that in mind, let's take a closer look at ReneSola's business, and see what CAPS investors are saying about the stock right now.

ReneSola facts

Headquarters (Founded)

Jiashan, China (2003)

Market Cap

$2.30 billion

Industry

Semiconductor Equipment

TTM Revenue

$463.89 million

Management

CEO Xian Shou Li (since 2005)

CFO Xiaoshu Bai (since 2006)

TTM Return on Equity

25.4%

Major Competitors

LDK Solar (NYSE:LDK)

MEMC Electronic Materials (NYSE:WFR)

CAPS members bullish on SOL also bullish on

Suntech Power (NYSE:STP)

Solarfun Power (NASDAQ:SOLF)

CAPS members bearish on SOL also bearish on

Wachovia (NYSE:WB)

Sears Holdings (NASDAQ:SHLD)

Sources: Capital IQ, a division of Standard & Poor's, and Motley Fool CAPS. TTM = trailing 12 months.

Over on CAPS, Some 97% of the 128 All-Star members who have rated ReneSola believe the stock will outperform the S&P 500 going forward. These All-Star bulls include puccini3005 and pennysplants, both of whom are ranked in the top 10% of our community.

In May, puccini3005 noted that ReneSola is a "Red hot stock with great earnings, supplying solar wafers in china and internationally, in an industry flush with demand. They name major players BP Solar, Sharp, Suntech, JA Solar, and Solarfun (highlights) as business partners..."

A more recent pitch from pennysplants in June followed that bullish line of thinking, highlighting the stock as a relatively attractive foreign IPO play:

I usually stay away from recent IPOs (especially China IPOs). But, this seems to be a particularly strong solar stock that is in transition. Secondary offering @ $20.50 (including cash-outs by original (pre-IPO) stockholders), provided a reasonable entry point. If the stub price "keeps the faith" after the $20.50 secondary, then I will feel confident about this invstment decision. If not, well ... I still have a lot to learn.

What do you think about ReneSola, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 115,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.

Suntech Power is a Motley Fool Rule Breakers recommendation. Sears Holdings is an  Inside Value selection. Try any of our Foolish newsletter services free for 30 days.

Foolish contributor Brian Pacampara owns no position in any of the companies mentioned. The Fool's disclosure policy always gets a perfect score.