Helped by a stock buyback program. Comerica's battered shares are pulling themselves off the mat.
From a low of $25.25 a share on Nov. 4, the stock price rose as high as $28.625 on Dec. 2 - a 13.3% increase - before dropping back slightly. The shares closed Wednesday at $28, up 12.5 cents. That's about 10 times trailing earnings, which is cheap for the banking group.