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By Ian Hoffman

Below is a list of five stocks that are on bullish runs, creating new 52-week highs at least three days in a row this week, including today. They are all trading near the analyst consensus price targets, all have relatively high forward P/Es, are well above their 52-week lows and may be ripe for a pullback in the near future.

NetLogic Microsystems, Inc. (NASDAQ:NETL)

NetLogic Microsystems is a semiconductor company that designs, develops and sells processors and high-speed integrated circuits that are used to enhance the performance, functionality and energy efficiency of advanced mobile wireless infrastructure, data center, enterprise, metro Ethernet, edge and core infrastructure networks. Its product portfolio includes multi-core communications processors, knowledge-based processors, 10/40/100 gigabit ethernet physical layer devices, network search engines, and ultra low-power embedded processors.

The company currently has 69.52M shares out and its stock trades around $50, giving it a market cap of roughly $3.48B. The stock's average daily trading volume is 735K. Shares of NetLogic are trading about 93% above their 52-week low of $25.83. Institutional ownership stands at about 98% and, as of 01/31/12, the total short interest was 3.45M shares. Its forward P/E is 24.03.

Consensus analyst 12-month price target: $50

Data

ViroPharma, Inc. (VPHM)

ViroPharma is a global biotechnology company focused on the development and commercialization of products that address diseases, with a focus on products used by physician specialists or in hospital settings. It markets and sells Cinryze in the U.S. for routine prophylaxis against angioedema attacks in adolescent and adult patients with hereditary angioedema.

The company currently has 70.54M shares out and its stock trades around $32.20, giving it a market cap of roughly $2.27B. The stock's average daily trading volume is 1.19M. Shares of ViroPharma are trading about 120% above the 52-week low of $14.62. Institutional ownership stands at about 99% and, as of 01/31/12, the total short interest was 7.65M shares. Its forward P/E is 20.21.

Consensus analyst 12-month price target: $32

Data

Brinker International, Inc. (NYSE:EAT)

Brinker owns, develops, operates and franchises the Chili's Grill & Bar and Maggiano's Little Italy restaurant brands. During the fiscal year ended June 29, 2011 (fiscal 2011), its international franchisees and joint venture partners opened 26 Chili's restaurants. As of June 29, 2011, the company's system of company-owned and franchised restaurants included 1,579 restaurants located in 50 states, and Washington, D.C.

The company currently has 78.53M shares out and its stock trades around $21.20, giving it a market cap of roughly $2.22B. The stock's average daily trading volume is 1.66M. Shares of Brinker are trading about 45% above their 52-week low of $19.50. Institutional ownership stands at about 99% and, as of 01/31/12, the total short interest was 10.07M shares. Its forward P/E is 12.94.

Consensus analyst 12-month price target: $28

Data

Continental Resources, Inc. (NYSE:CLR)

Continental Resources is an independent oil and natural gas exploration and production company. It boasts the largest acreage positions in the Bakken and Anadarko Woodford resource plays, and is the largest oil producer in the Williston Basin. It has maintained a crude oil-focused growth strategy since the late 1980s, and with its strengths in production and reserves, it claims to be on track to triple its size by 2014.

The company currently has 180.48M shares out and its stock trades around $86.40, giving it a market cap of roughly $15.57B. The stock's average daily trading volume is 1.42M. Shares of Continental Resources are trading about 104% above their 52-week low of $42.43. Institutional ownership stands at about 23% and, as of 01/31/12, the total short interest was 7.04M shares. Its forward P/E is 26.62.

Consensus analyst 12-month price target: $82

Data

Equinix, Inc. (NASDAQ:EQIX)

Equinix connects businesses with partners and customers globally through a global platform of data centers, containing dynamic ecosystems and a range of networks. As of December 31, 2010, the company operated in 35 markets across North America and Europe. Platform Equinix combines International Business Exchange data centers. It offers customers direct interconnection to an aggregation of bandwidth providers.

The company currently has 47.41M shares out and its stock trades around $134, giving it a market cap of roughly $6.35B. The stock's average daily trading volume is 1.13M. Shares of Equinix are trading about 65% above their 52-week low of $80.85. Institutional ownership stands at about 99% and, as of 01/31/12, the total short interest was 5.46M shares. Its forward P/E is 39.64.

Consensus analyst 12-month price target: $130.50

Data

Source: These High-Flying Stocks Have Created New 52-Week Highs 3 Days In A Row