Top 5 Asian Companies To Own In Right Now

Malaysia Airlines Flight 370 from Kuala Lumpur to Beijing disappeared an hour after takeoff on Saturday.

HONG KONG (CNNMoney) Shares of Malaysia Airlines were sharply lower by as much as 20% Monday morning after a plane departing Kuala Lumpur went missing, contributing to a regional slump in Asian markets.

The passenger jet, Malaysia Airlines Flight 370, disappeared an hour after takeoff Saturday morning en route to Beijing. At least two of the 227 passengers boarded with stolen passports, raising the possibility of terrorism. Search teams deployed by a number of countries have spotted oil slicks and some debris, suggesting the plane may have crashed, though this has yet to be confirmed.

Stocks in Kuala Lumpur posted a 0.6% drop, with Malaysia Airports plunging as much as 5% in morning trading.

Hot Safest Companies To Watch In Right Now: Credit Acceptance Corporation(CACC)

Credit Acceptance Corporation, together with its subsidiaries, provides auto loans, and related products and services to consumers in the United States. Its loan programs include portfolio program, which advances money to dealer-partners in exchange for the right to service the underlying consumer loans; and purchase program that buys the consumer loans from the dealer-partners and keeps amounts collected from the consumers. The company markets its products through a network of approximately 55,000 independent and franchised automobile dealers. Credit Acceptance Corporation was founded in 1972 and is headquartered in Southfield, Michigan.

Advisors' Opinion:

• [By Eric Volkman]

  Credit Acceptance (NASDAQ: CACC  ) will see big blocks of its shares change hands over the next few days. The company has specified the pricing of a previously announced underwritten public secondary stock common offering of $105.00 per share. Trusts associated with the firm's founder Donald Foss, in combination with Karol Foss and people and entities connected with Prescott General Partners, aim to sell a combined 1.5 million of their shares. Additionally, the underwriters will have a 30-day option to buy up to an extra 225,000 shares.

• [By Richard Moroney]

  Credit Acceptance (CACC) provides financing for auto purchases through a national network of nearly 4,500 car dealers. Its programs help dealers sell cars by attracting credit-challenged consumers unable to get conventional loans.

Top 5 Asian Companies To Own In Right Now: Palatin Technologies Inc. (PTN)

Palatin Technologies, Inc., a biopharmaceutical company, engages in the development of peptide therapeutics for the treatment of diseases. Its drug development programs include Bremelanotide, a peptide melanocortin receptor agonist that is in Phase IIb clinical trials for the treatment of female sexual dysfunction; and PL-3994, a peptide mimetic natriuretic peptide receptor A agonist, which is in Phase I clinical trials for the treatment of cardiovascular and pulmonary indications, as well as melanocortin receptor-based compounds for treatment of obesity. The company was founded in 1986 and is based in Cranbury, New Jersey.

Advisors' Opinion:

• [By James E. Brumley]

  At first glance, Palatin Technologies, Inc. (NYSEMKT:PTN) doesn't look like anything particularly special, nor anything particularly investment-worthy. The longer you study the chart of PTN, however, the clearer it becomes... this stock is on the verge of breaking out, and should be on most traders' watchlists.

• [By James E. Brumley]

  For the third time in a little more than three months I find myself singing the praises of Palatin Technologies, Inc. (NYSEMKT:PTN), suggesting it is a "buy" ... at least to nimble and cautious speculators. It's a rarity, as I tend not to like beating a dead horse (personal preference). PTN, however, is one of those rare cases where the message deserves to be delivered again, as there's still a lot of opportunity left for newcomers to tap into.

Top 5 Asian Companies To Own In Right Now: Mad Catz Interactive Inc(MCZ)

Mad Catz Interactive, Inc. designs, manufactures, markets, sells, and distributes accessories for videogame platforms and personal computers (PC), as well as for iPod and other audio devices. Its products include videogame, PC, and audio accessories, such as control pads, video cables, steering wheels, joysticks, memory cards, light guns, flight sticks, dance pads, microphones, car adapters, carry cases, mice, keyboards, and headsets. It markets its products primarily under the Mad Catz, Saitek, Cyborg, Eclipse, Joytech, GameShark, Tritton, and AirDrives brands. The company also develops flight simulation software; operates flight simulation centers under its Saitek brand; operates a videogame content Website under its GameShark brand; publishes games under its Mad Catz brand; and distributes games and videogame products for third parties. It distributes its products through retailers in the United States, Europe, and Canada, as well as in Australia, Japan, Korea, New Zeal and, and Singapore. The company was founded in 1989 and is headquartered in San Diego, California

Advisors' Opinion:

• [By Bryan Murphy]

  If the name Mad Catz Interactive, Inc. (NYSEMKT:MCZ) rings a bell, it might be because yours truly penned some bullish thoughts on the video-gaming hardware (joysticks, control pads, headsets, etc.) back on August 20th. Neither MCZ nor my write-up were received as anything partially special at the time - it was just another stock dissected by just another guy, and you may or may not have given it a second thought. The 37% rally in the meantime, however, may garner a little more attention.

Top 5 Asian Companies To Own In Right Now: Rubicon Technology Inc.(RBCN)

Rubicon Technology, Inc. develops, manufactures, and sells monocrystalline sapphire and other crystalline products for light-emitting diodes (LED), radio frequency integrated circuits (RFICs), blue laser diodes, optoelectronics, and other optical applications. The company fabricates its products from the boules and sells them in various categories, including core, as-cut, as-ground, and polished forms in two, three, four, six, and eight inch diameter wafers. It manufactures sapphire substrates and optical windows, including two inch to four inch sapphire cores and wafers for use in LEDs and blue laser diodes for solid state lighting and electronic applications; six-inch polished sapphire wafers that are used in the LED applications and in silicon-on-sapphire RFICs; and eight inch wafers for research and development efforts, as well as sells sapphire products used for windows and lenses in military, aerospace, sensor, and other applications. The company also offers opticall y-polished windows and ground window blanks of sapphire and various fluoride compounds, such as calcium, barium, and magnesium fluoride. Rubicon Technology, Inc. sells its products primarily to wafer polishing companies and semiconductor device manufacturers in Asia, North America, and Europe. The company was incorporated in 2001 and is headquartered in Bensenville, Illinois.

Advisors' Opinion:

• [By Jake L'Ecuyer]

  Leading and Lagging Sectors
  Technology stocks gained Tuesday, with Ku6 Media Co (NASDAQ: KUTV) leading advancers. Among leading tech stocks, gains came from Rubicon Technology (NASDAQ: RBCN), Bitauto Holdings (NYSE: BITA) and Sify Technologies (NASDAQ: SIFY). Utilities shares dropped by 0.11 percent in the US market today.

• [By Jake L'Ecuyer]

  Leading and Lagging Sectors
  Technology stocks gained Tuesday, with Ku6 Media Co (NASDAQ: KUTV) leading advancers. Among leading tech stocks, gains came from Rubicon Technology (NASDAQ: RBCN), Bitauto Holdings (NYSE: BITA) and Sify Technologies (NASDAQ: SIFY).