10 Years 5 Years 3 Years 1 Year

Stock Focus List

S&P 500

Annual Difference

7.3% 14.2% 7.5% 13.7%

6.9% 14.6% 8.9% 12.0%

0.4% -0.4% -1.4% 1.7%

Source: Edward Jones. All periods show annualized returns. All data is for the period ending December 31, 2016. Past performance is not a guarantee of future results. Since inception in January 1993, the Edward Jones Stock Focus List has provided an average annual total return of 9.0% compared to 9.2% for the S&P 500. Total returns assume reinvestment of dividends, capital appreciation and a transaction fee of 1%. The investment return and principal value of an investment will fluctuate. An investor’s equity, when liquidated, may be worth more or less than the original cost. Performance results do not represent actual trading or the performance of an actual account.The S&P 500 is an unmanaged index and is unavailable for direct investment.

RES-1289C-A REV. JUN 2016 © 2016 EDWARD D. JONES & CO., L.P. ALL RIGHTS RESERVED.

Return Performance as of December 31, 2016

P/E based on 2017 (Est.)

PEGY

Annual Dividend ($)

3.88

18.7

2.0

1.10

Verizon Comm. (VZ)

52.74

56.95-43.79

4.02

13.1

1.2

Coach (COH)

35.73

43.71-30.06

2.25

15.9

Disney (Walt) (DIS)

107.97

109.49-86.25

6.00

Dollar General (DG)

74.33

96.88-66.50

Lowe's (LOW)

72.38

Price Movement

Earnings Per Share 2017 (Est.) ($)

72.94-52.34

Investment Category

52-week Price Range ($)

72.56

Dividend Yield

Price ($) as of Jan. 17, 2017

Comcast CI. A (CMCSA)

G/I

A

2.31

1.5 4.4

G/I

BA

1.2

1.35

3.8

G

AA

18.0

1.6

1.56

1.4

G/I

BA

4.85

15.3

1.1

1.00

1.3

G/I

A

83.65-62.62

4.60

15.7

1.1

1.40

1.9

G/I

BA

1540.13

1600 – 955

77.00

20.0

1.1

0.00

0.0

G

AA

TJX Companies (TJX)

76.75

83.64-65.64

3.70

20.7

1.7

1.04

1.4

G/I

A

Tractor Supply (TSCO)

77.36

97.25-61.50

3.50

22.1

1.4

0.96

1.2

G

A

Costco (COST)

163.81

169.59-138.57

6.00

27.3

2.5

1.80

1.1

G/I

BA

Estee Lauder (EL)

79.85

97.48-75.30

3.45

23.1

2.0

1.36

1.7

G/I

AA

Kraft Heinz (KHC)

87.92

90.54-68.18

3.91

22.5

1.3

2.40

2.7

G/I

BA

Mondelez Int'l (MDLZ)

44.90

46.40-35.88

2.13

21.1

1.4

0.76

1.7

G/I

BA

PepsiCo (PEP)

102.19

110.94-93.25

5.12

20.0

1.8

3.01

2.9

G/I

BA

Phillip Morris Int'l (PM)

92.36

104.20-84.46

4.70

19.7

1.6

4.16

4.5

G/I

A

Chevron (CVX)

116.28

119.00-75.33

4.50

25.8

2.7

4.32

3.7

G/I

BA

EOG Resources (EOG)

105.48

109.37-57.15

0.65

NM

NA

0.67

0.6

G/I

AA

Pioneer Natural Res. (PXD)

181.02

195.00-103.50

0.80

NM

NA

0.08

0.0

G/I

AA

Schlumberger (SLB)

86.43

87.00-59.60

2.25

38.4

3.4

2.00

2.3

G/I

AA

Total SA (TOT)

51.51

52.04-39.05

4.80

10.7

1.2

1.88

3.6

G/I

BA

Alliance Data Systems (ADS)

230.00

257.05-176.63

18.60

12.4

1.0

2.08

0.9

G

AA

American Tower (AMT)

105.17

118.26-83.07

6.40

16.4

1.2

2.32

2.2

G/I

BA

Berkshire Hath. CI. B (BRK.B)

159.64

167.25-123.55

8.17

19.5

2.8

0.00

0.0

G

BA

BlackRock (BLK)

374.80

399.46-280.55

22.00

17.0

1.4

9.16

2.4

G/I

AA

Citigroup (C)

58.38

61.63-34.52

5.22

11.2

1.2

0.64

1.1

G/I

AA

U.S. Bancorp (USB)

50.31

52.68-37.07

3.41

14.8

1.8

1.12

2.2

G/I

BA

Communication Services (3%)

Consumer Discretionary (11%)

The Priceline Group (PCLN)

Consumer Staples (10%)

Energy (9%)

Financial Services (17%)

The sector weights indicated on the stock table above are aligned with our Investment Policy Committee sector weighting guidance policy.

RES-1289C-A REV. JUN 2016 © 2016 EDWARD D. JONES & CO., L.P. ALL RIGHTS RESERVED.

Buy-rated Companies

Earnings Per Share 2017 (Est.) ($)

P/E based on 2017 (Est.)

Annual Dividend ($)

Dividend Yield Investment Category

45.79-36.00

2.45

16.7

1.4

1.06

2.6

G/I

BA

Johnson & Johnson (JNJ)

114.87

126.07-94.28

6.83

16.8

1.9

3.20

2.8

G/I

BA

Medtronic PLC (MDT)

75.82

89.27-69.35

4.58

16.6

1.6

1.72

2.3

G/I

BA

Merck (MRK)

61.48

65.46-47.97

3.98

15.4

1.5

1.88

3.1

G/I

BA

Novartis AG (NVS)

71.99

83.58-66.93

5.08

14.2

1.5

1.81

2.5

G/I

BA

Pfizer (PFE)

32.06

37.39-28.25

2.61

12.3

1.2

1.28

4.0

G/I

BA

Thermo Fisher (TMO)

145.05

160.68-119.75

9.17

15.8

1.5

0.60

0.4

G/I

BA

AMETEK (AME)

50.28

52.61-42.82

2.56

19.6

1.5

0.36

0.7

G

BA

Deere (DE)

104.34

106.75-70.16

4.50

23.2

2.5

2.40

2.3

G/I

A

Emerson (EMR)

56.31

58.28-41.25

2.47

22.8

2.0

1.92

3.4

G/I

BA

Union Pacific (UNP)

103.37

106.62-67.06

5.54

18.7

1.6

2.42

2.3

G/I

BA

United Technologies (UTX)

109.97

112.83-83.39

6.55

16.8

1.5

2.64

2.4

G/I

BA

Wabtec (WAB)

86.75

89.18-60.28

4.35

19.9

2.1

0.40

0.5

G

A

FMC Corp. (FMC)

58.75

60.00-32.24

3.25

18.1

1.3

0.66

1.1

G

A

Praxair (PX)

116.92

125.00-95.60

6.15

19.0

1.5

3.00

2.6

G/I

BA

Alphabet, Inc. (GOOGL)

827.46

839.00-672.66

39.91

20.7

1.6

0.00

0.0

G

AA

Apple (AAPL)

120.00

120.24-89.47

9.15

13.1

1.3

2.28

1.9

G/I

AA

Check Point Softw. (CHKP) ((CHKP) Facebook (FB)

90.39

92.23-71.64

4.85

18.6

1.9

0.00

0.0

G

A

127.87

133.50-89.37

5.06

25.3

1.0

0.00

0.0

G

AA

IBM (IBM)

167.89

169.95-116.90

14.25

11.8

1.4

5.60

3.3

G/I

BA

Microsoft (MSFT)

62.53

64.10-48.04

2.84

22.0

1.8

1.56

2.5

G/I

BA

Oracle (ORCL)

39.10

42.00-33.13

2.60

15.0

1.6

0.60

1.5

G/I

A

Visa (V)

81.26

83.96-66.12

3.39

24.0

1.6

0.66

0.8

G/I

A

Duke Energy (DUK)

77.46

87.75-70.35

4.75

16.3

1.7

3.42

4.4

G/I

BA

Fortis (FTS)

31.76

34.66-24.63

1.80

17.6

1.8

1.20

3.8

G/I

BA

NextEra Energy (NEE)

120.22

131.98-103.35

6.50

18.5

1.9

3.48

2.9

G/I

BA

Price Movement

52-week Price Range ($)

40.90

PEGY

Price ($) as of Jan. 17, 2017

Abbott Laboratories (ABT)

Health Care (15%)

Industrials (10%)

Materials (3%)

Technology (19%)

Utilities (3%)

RES-1289C-A REV. JUN 2016 © 2016 EDWARD D. JONES & CO., L.P. ALL RIGHTS RESERVED.

Buy-rated Companies

Required Disclosures Analysts receive compensation that is derived from revenues of the firm as a whole which include, but are not limited to, investment banking revenue. Individuals can access the full research report with the full disclosures and analyst certifications on any of these companies mentioned in this report through our online account access Web site (www.edwardjones.com/access). You also can contact a local Edward Jones financial advisor, who can provide you with more information including a complete company opinion, or write: Edward Jones; Research Department; 12555 Manchester Road; St. Louis, MO 63131.

Analyst Certification I certify that the views expressed in this research report accurately reflect my personal views about the subject securities and issuers; and no part of my compensation was, is, or will be directly or indirectly related to the specific recommendations or views contained in the research report. Matt Arnold, CFA; John Boylan, CFA; Rob Desai, CFA; Robin Diedrich, CFA, CPA; Ashtyn Evans, CFA; Dave Heger, CFA; Bill Kreher, CFA; Josh Olson, CFA; Logan Purk, CFA; Jack Russo, CFA; Kyle Sanders, CFA, CPA; James Shanahan, CFA; Roy Shepard, CFA; Andy Smith, CFA; Shannon Stemm, CFA; Brittany Weissman, CFA; Jeff Windau, CFA; Brian Yarbrough, CFA; Brian Youngberg, CFA

Other Disclosures Past performance is not a guarantee of future results. Dividends can be increased, decreased or eliminated at any point without notice. Stocks are subject to market risks, including the loss of principal invested. Special risks are inherent to international investing, including those related to currency fluctuations and foreign, political and economic events. All investment decisions need to take into consideration individuals’ unique circumstances such as risk tolerance, taxes, asset allocation and diversification. This publication is for information only. While the statements contained in this report are taken from sources that we believe to be reliable, we do not guarantee their accuracy. However, this statement does not apply to disclosures concerning Edward Jones or analyst certification. Some of this information is provided by an independent research service. The issues mentioned herein are subject to price change without notice. Additional information is available upon request. Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation.

Investment Categories for Stocks Growth & Income (G/I) – Large-cap companies that pay a dividend, as well as REITs and utility companies. Growth (G) – Small- and mid-cap companies, excluding REITs and utility stocks, as well as large-cap companies that do not pay a dividend. Aggressive (A) – Micro-cap companies, companies with share prices below $4, stock restricted by Research and emergingmarket stocks.

Price Movement Above Average (AA): This stock will likely move up and down to a greater degree than the average stock in the S&P 500 Index. These companies are often growing faster than the average company and/or are in industries that are more sensitive to the economy. Average (A): This stock will likely move up and down to a similar degree of the average stock in the S&P 500 Index Below Average (BA): This stock will likely move up and down to a lesser degree than the average stock in the S&P 500 Index. These companies are often more mature, growing slower than the average company and/or are in industries that are less sensitive to the economy.

RES-1289C-A REV. JUN 2016 © 2016 EDWARD D. JONES & CO., L.P. ALL RIGHTS RESERVED.

Please see the individual company opinions for more information, including valuation and risks specific to each company.