What's On: Breakfast of Champions, Health Into Wealth and Locking In Profits

What follows is a preview of Wednesday’s on "Squawk on the Street."

Kellogg is scheduled to report first quarter numbers Wednesday morning. Cereal demand declined for Kellogg last year, so will the bowl be half-full this time around?

Then we are digging deep into precious metals on the big show. Find out why Molycorp is trading at all-time highs while Freeport-McMoRan is down more than 10 percent year-to-date. With commodity prices continuing to fluctuate, we want to know where you think your money is better off — hard commodities, stocks or cash? Click here to vote.

Meanwhile, Aetna, Humana, UnitedHealth and Cigna are all helping the HMO and healthcare sector outperform the broader S&P 500. Will the sector keeping turning health into wealth, though?

Finally, it seems prison stocks could be a great place to lock away your money. Corrections Corp and GEO Group both up double digits over the year. With federal and state prisons overflowing, our analyst has a "conviction buy" on the stocks.

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Squawk on the Street comes to you live from the New York Stock Exchange each weekday morning at 9 a.m. ET.