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By Bert Wilkison

Below is a list of 5 equities that have recently carved out new 52-week highs, including 5 different analysts' opinions (a different analyst for each ticker), and are well off of their 52-week lows. All of the below instruments share the benefit of liquidity, and are relatively high-profile and well-covered. Most of them carry arguably high P/Es and seem ripe to, at minimum, stall out if not pull-back more than a few notches in the near future.

There's likely at least one intriguing short candidate in the bunch and several to scout for better long entry-points from where they closed last week. Heck, they're all just one or two "euro crisis" and/or "foreign drama, global concern" days (really just "general market excuse to sell and lock in gains" and "retail shareholder panic" days) away from multiple-point percentage losses. All of them are on my short-term action watch list, and you may wish to dig a little deeper and keep an eye on them as well.

1. Tanger Factory Outlet Centers, Inc. (SKT)

S&P has SKT at a "BUY" rating:

We have a positive fundamental outlook on the retail REITs sub-industry. Although challenges remain and raising rents is always a contentious issue, we think increasing absorption of retail space should present retail landlords with more pricing power.

(click to enlarge)Data

Shares of Tanger are trading at $30.67. It has 90.78M shares out, giving it a market capitalization of $2.78B. It created a new 52-week high on Friday of $30.72.

99% of the shares are currently locked up by institutions, while the short interest, as of 3/30/12, was 4.21M shares.

2. Macerich Co. (MAC)

Credit Suisse has MAC at a "NEUTRAL" rating with a $47.00 price target:

We have updated our estimates post 4Q11 earnings reported by the company this month. Our 2012 FFO per share estimate is now $3.48 (vs. $3.16 previously) and 2013 FFO per share estimate is now $3.28 (vs. $3.30 previously). We estimate a 2012 same store NOI growth of 3% for the company.

(click to enlarge)Data

Shares of Macerich are trading at $59.54. It has 131.99M shares out, giving it a market capitalization of $7.86B. It created a new 52-week high on Friday of $59.83.

100+% of the shares are currently locked up by institutions, while the short interest, as of 3/30/12, was 6.73M shares.

3. Corrections Corp. of America (CXW)

The company has been regularly putting up new 52-week highs recently, begging the question: When will it pull-back and what would constitute a reasonable correction (pun intended), with regard to share-price?

Market Edge has CXW at a "BUY" rating, based primarily on the stock's technicals:

(click to enlarge)Data

Shares of Corrections Corp. are trading at $31.50. It has 99.63M shares out, giving it a market capitalization of $3.14B. It created a new 52-week high on Friday of $31.87.

88% of the shares are currently locked up by institutions, while the short interest, as of 3/30/12, was 2.43M shares.

4. Sempra Energy (SRE)

The Street has SRE as a "BUY"

This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, notable return on equity and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

(click to enlarge)Data

Shares of Sempra are trading at $64.51. It has 240.76M shares out, giving it a market capitalization of $15.53B. It created a new 52-week high on Friday of $64.69.

Only 68% of the shares are currently locked up by institutions, while the short interest, as of 3/30/12, was 3M shares.

5. Family Dollar Store (FDO)

Ford Equity Research has FDO at a "HOLD" rating:

We project that FDO will perform in line with the market over the next 6 to 12 months. This projection is based on our analysis of three key factors that influence common stock performance: earnings strength, relative valuation, and recent price movement.

(click to enlarge)DATAData

Shares of Family Dollar are trading at $68.34. It has 116.74M shares out, giving it a market capitalization of $7.98B. It created a new 52-week high on Friday of $68.46.

87% of the shares are currently locked up by institutions, while the short interest, as of 3/30/12, was 3.53M shares.

Source: 5 Names That Forged New 52-Week Highs To Watch This Week

Additional disclosure: Data was sourced by NASDAQ, Google, TD Ameritrade, The Street, Credit Suisse, Standard & Poor's, Market Edge and Ford Equity Research