Analysts’ Best Picks® Record

To receive a copy of the 2014 Analysts’ Best Picks® List, please contact your Raymond James financial advisor or use the Office Locator to find an office convenient to you.

Year Best Picks
List a
S&P
500 h
Excess
Return f
Best Picks
CY Basis c
1996 b 37.2% 22.6% 14.7% 33.2%
1997 53.5 37.1 16.4 44.8
1998 38.9 30.8 8.2 32.9
1999 143.9 25.4 118.6 93.0
2000 46.9 -4.8 51.7 31.8
2001 11.6 -15.0 26.6 3.9
2002 -0.6 -22.7 22.2 -5.2
2003 37.2 24.3 12.9 36.4
2004 27.7 14.9 12.9 19.7
2005 17.2 7.1 10.1 10.4
2006 5.9 14.9 -9.0 1.9
2007 30.5 6.2 24.2 30.7
2008 -35.0 -38.6 3.5 -34.3
2009 62.5 35.4 27.1 38.2
2010 31.2 16.8 14.4 25.7
2011 0.5 5.3 -4.8 -3.5
2012 9.5 18.3 -8.9 6.5
2013 d 49.3 33.7 15.6 38.2
5 Yr. Avg. e 30.6 21.9 8.7 21.0
10 Yr. Avg. g 19.9 11.4 8.5 13.3

On a total return basis with performances averaged as if an equal dollar allocation was
made to each stock at the beginning of the period and held until 12/31

a On a total return basis with performances averaged as if an equal dollar allocation was
made to each stock at the beginning of the period and held until 12/31 of the following year.

b This was the first year performance of the Analysts’ Best Picks® list.

c Total return performance for the calendar years indicated.

d Picks 2013 and 2013’s S&P 500 represent total return performance through the close of 12/31/13.

e Years 2009, 2010, 2011, 2012, and 2013 with total returns averaged.

f Annual average Best Picks total return performance minus the comparable S&P 500 performance. Figures may not total due to rounding.

g Years 2004 through 2013 with total returns averaged.

h S&P 500 on a total return basis for comparable ABP lists’ time periods.

S&P total return with gross dividends reinvested is from Bloomberg LLC.

Since 1996 a total of 208 stocks have been recommended through the Analysts’ Best Picks® list. Of this total, 141 advanced (68%) and 67 declined (32%) within the recommended holding period. The holding period for each year’s list is approximately 55 weeks from the inception date to 12/31 of the following year.

An investor would incur commissions (and interest charges if transacted in a margin account) to transact these recommendations. The results presented should not and cannot be viewed as an indicator of future performance. Individual results will vary and transaction costs related to investing in these stocks will affect overall performance. There is no assurance that the list will achieve the results expected and investors may incur profits or losses. The performance returns in 1999 were extraordinary and it is unlikely that these unrealistically high returns will be repeated. The S&P is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. A complete list of all Analysts’ Best Picks® since 1996 is available upon request.