From: Tazia Smith •t:

From: Tazia Smith •t: > To: [email protected] Cc: Paul Morris , Nav Gupta , Vahe Stepanian Subject: 5 US Liquid Stocks (GILD, HCA, CMCSA, FFIV, XOM) [C] Date: Fri, 07 Mar 2014 23:35:36 +0000 Attachments: HCA_2.4.14.pdf; GILD_ defend_3.6.14.pdf; FFIV_LTE_3.2.14.pdf Inline-Images: unnamed; unnamed(1); unnamed(2); unnamed(3); unnamed(4); unnamed(5); unnamed(6) Classification: Confidential Jeffrey - Per your request, concentrating on 5 liquid, US equities we really like. Targeting Healthcare, Energy and Tech sectors: Gilead (GILD) HCA holdings (HCA) Comcast (CMCSA) F5 Networks (FFIV) Exxon (XOM) Put $3mm in each, total $15mm to work. More detail below. Have a great weekend. Tazia Gilead (GILD) • trades avg 10mm shs/day Biotech was beat-up today. There is a lot of market chatter on stretched valuations, especially on upcoming IPOs. Understand that you have a bullish outlook on the group. ADD to your Gilead (GILD). After today's trade, you're long 8.1k shares at $78.90. DB price target $132 (65% implied upside). Chart below, report from this week defending vs a voluntary recall (392k bottles only) attached. GILD 1 yr Price History EFTA01132984 GILD US S 1 79.465 -.455 C/79.46 /79.47Q mi. At 15:13 Vol 17 022 064 G 81.21Q H 81.35P L 77.81D ~ave As 9.5 Action~~-m~~-w - tabte 1.0 2x21 Val 1.3438 brie Chart 3D YTD Sl Max Daily • Security/Stexly Eve l. Mi n 0 na In lag nacare Pazy. »gs MMM • Last Price I 79.465 T High on 02/25/14 83.95 -- Average 62.9757 i Low-on.03/19/-13 44.38 .Track- L —Arinotate Zoom . 85 IEREN B-75 B-70 B-65 B-60 B-55 B-50 B-45 Mar vi 17 a Jun Sep 2013 2014 HCA Holdings (HCA) - Trades avg 3mm shs/day "Best in breed" hospital co; strong operating follow-through in 4Q after a positive preannouncement. DB Price target: 558 (17% implied upside). HCA 1 r Price Histor HCA US S 1 49.55 -.07 ..I At 15:23 Vol 2 145 962 ID 3D 1M N49.55 /49.57h 4x4 C 49.99 50.52D L 49.45D Val 107 17411 ave ion Une CW.t 6M 1Y SY Max oaity '3~9 EIMM 11) CemDare Max Avga Gr ot Eve t 0 ". =I" *Track- s_--Mnotatei News- 0, Zoorri VTD • Last Price 49.55 T High on 03/03/14 51.69 -9- Average 42.6082 1. Low on 07/03/13 35.49 Ar\ , aiume . cp • Volume 2.146h1 L a 15 423M 2 k Mar Jun Sep 2013 I 2014 Dec 52.00 ega 48.00 46.00 44.00 42.00 40.00 38.00 36.00 10M Comcast (CMCSA) - tredes avg 12mm shs/day Finalization of TimeWarner Cable acquisition pending. DB price target of 564 (23% implied upside). CMCSA lyr Price History EFTA01132985 InicsA US S 1 51.70 -.41 0"- - Nv.-.. 051.70 /51.71Q 18x18 a At 14:50 Vol 8 421 756 0 52.321) H 52.37Q L 51.44Z Val 436.40711 =En Ilan 10 anon PIN. A4x MIIIIIMII lY iv max Daily • II Irs_Secunty/Stud nt-- O TrackZ AnnotaT4" "'flews 1 • Last Price 51.70 T High on 02/12/14 55.24 "9- Average 45.6145 I Low on 06/20/13 38.91 0: Zoom`. ! -56.00 0-54.00 " V I - ViVerr P-48.00 P-46.00 P-44.00 P-42.00 P-4O.00 I-38.00 y Ili Volume 8.427M L • SMAVG 5) 20.17911 Mar Jun Sep Sep Dec 2013 2014 n- 50M F5 Networks (FFIV) - Trades -1.8mm shs/day Growth in Telco and Next-Gen Security. F5. rovides solutions for Internet traffic management to the big Telcos. Fundamental tailwinds in demand, and following a 2yr investment. DB just raised price target to $130 (14% implied upside). Believe momentum in shares continues, reports Q2 on 4/23. FFIV 1 r Price Histo IFFIV US S l 1.1.1.40 Vol 1,437,007 . At 15:45 FFN US Equity 3) .6 13 ,9TDP IRII 7 Max" M any 'II wovzon ‘,--- --- P114.40 /114.448 1 x 1 C 115.95Q H 116.707D L 113.97D Val 165.847M a"' line Qwrt aa mov.hvg, MMIIM EN M I a: security/study I Event 0 + Track Annotate; M. News 0, Zoom 10 Compere 1 • Last Price 114.40 T High on 03/06/14 114.77 -0- Average 86,8413 • I Low on 06/24/13 68.02 \fi P-100 ►90 .80 P-70 • tolume 1 437M ■i ssonL iga l tbami 8M ISS rt Mar Jun Sep Dec 2013 2014 P-10M Exxon(XONI) - Trades 12.7mm shares per day Like on higher oil and momentum up through $100 near-term. Note: DB does not cover. EFTA01132986 XOM lyr Price History Link X0M US S 194.84 +1.08 N94.83 /94.841 Sx84 .11 At 15:51 Vol 9 978 142 094.37K H 94.991 L 93.99N Val 944 vysaveks — 31)-ktfirlEzirriffiner 13 3) IMI SHEIBLNFRPE U F M )aily• II e. Sib:miry/5DM carcare Hat Alas IMMM X0M US Equity .51M Track Annotate- 1-1! -News -O, Mon?, • Last Price 94.83 T High on 12/27/13 101.51 o Average 91.5811 Low on 10/09/13 85.1 vo'n Line chart A ®g Event O Sep 1Lihme 9.97 Mar Jun 2013 Dec 2014 102.00 100.00 98.00 eigs QL. CIA 92.00 90.00 88.00 84.00 71IM 9.97811 0 Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue, 26th Floor New York. NY 10154 Tel. Fax Mobi Email le Pagreio-z,fr Perform This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. 03/07/2013 EFTA01132987