David Tepper has added Comerica (CMA) to his portfolio, purchasing 462,500 shares worth $31.7 million. HoldCo Asset Management advises shareholders to vote against Comerica’s potential merger with Fifth Third Bank, criticizing the fast execution and CEO’s compensation package. HoldCo suggests a ‘NO’ vote could drive a higher valuation for shareholders.

Comerica operates in Commercial Bank, Retail Bank, and Wealth Management sectors. While CMA shows potential, HoldCo recommends AI stocks with better upside potential and lesser downside risk. For those seeking an undervalued AI stock with potential benefits from Trump-era tariffs and onshoring trend, check out the report on the best short-term AI stock.

Read more at Yahoo Finance: HoldCo Urges Comerica (CMA) Shareholders to Vote No for Potential Merger with Fifth Third Bank