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Interested in the high-growth prospects of clean energy companies? We ran a screen to dig deeper into the stocks in this industry.

We began by screening the clean energy sphere for stocks with strong momentum, trading within 5% of their 52-week highs.

We then screened for those with strong profitability compared to industry peers, with higher gross, operating, and pretax margins than their industry averages by at least 5% on each margin. This indicates that these companies are taking a greater percentage of their revenues as profits, and they also have stronger control over their cost structures.

For an ‪interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.‬

Tool provided by Kapitall (www.kapitall.com).

Do you think these stocks will continue climbing higher? Use this list as a starting point for your own analysis.

List sorted by distance below 52-week high.

1. Pinnacle West Capital Corporation (PNW): Provides retail and wholesale electric services primarily in the State of Arizona. Market cap at $5.82B, most recent closing price at $53.18. The stock is trading 2.38% below its 52-week high. TTM gross margin at 37.39% vs. industry average at 29.35%. TTM operating margin at 24.79% vs. industry average at 19.19%. TTM pretax margin at 18.68% vs. industry average at 13.47%.

2. NextEra Energy, Inc. (NEE): Engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada. Market cap at $28.9B, most recent closing price at $69.29. The stock is trading 3.64% below its 52-week high. TTM gross margin at 35.27% vs. industry average at 29.35%. TTM operating margin at 25.57% vs. industry average at 19.19%. TTM pretax margin at 19.34% vs. industry average at 13.47%.

3. Dominion Resources, Inc. (D): Engages in producing and transporting energy in the United States. Market cap at $30.55B, most recent closing price at $53.45. The stock is trading 3.81% below its 52-week high. TTM gross margin at 30.94% vs. industry average at 24.52%. TTM operating margin at 22.58% vs. industry average at 16.35%. TTM pretax margin at 15.01% vs. industry average at 9.92%.

*Profitability data sourced from Fidelity, all other data sourced from Finviz.

Source: 3 Clean Energy Stocks Trading Near Highs With Impressive Profitability