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Transcripts For CNBC Squawk On The Street 20130111

Infrastructure, health care costs. I can go on and on. Even the guns issue. The show is over. Thank you for being here. Its a pleasure. Thank you, david. Have a great weekend, everybody. Right now its time for squawk on the street. Good friday morning. Welcome to squawk on the street. Im carl with melissa lee, jim cramer, david faber at the new york stock exchange. Lets look at futures on a friday morning. Mild action here. We are paying attention to the mutual fund inflows. As for europe, disappointing Industrial Production numbers in spain and the uk. But the euro is at a ninemonth high this morning. We begin with the s p, a fiveyear high. A lot riding on Bank Earnings. The reports not perfect. American express joining the list of financials that are cutting jobs. Best buys troubles continue. Theyre not the only retailer under pressure this morning. Jcpenney capping a bad week. Boeing under official view as a probe is taken on the plane. A cracked inshield and oil leak. Remember a ch

infosys: Good possibility of upside in Infosys, TCS in CY24; buy hotel stocks on dips: Deven Choksey

“The conditions are basically playing a major role in giving a good amount of business to most of the hospitality players – be it Indian Hotels, East India Hotels or even the mid-tier small hotel segment. Be it ITC, be it Indian Hotels, the hospitality heroes have all been following the asset-light model strategy now, wherein most of the properties that they are working on now is on an operational management contract, vis-à-vis earlier situation of owning the assets.”

I d prefer largecap IT stocks on dips; EV agnostic auto parts: S Krishnakumar

“I look at everything from wheels to braking systems to vehicle interiors, sensors, air conditioning and other stuff which are going to be quite operative in both kinds of vehicle zones. Focus on those kinds of companies where there is no perceived threat to the business basically.”

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