TELUS International (Cda) Inc. (NYSE:TIXT) is among the 10 Most Undervalued Stocks to Buy for Under $5. The company has received an unsolicited non-binding proposal from TELUS Corporation to buy out 100% of the outstanding multiple voting shares and subordinate voting shares not already owned by TELUS Corporation for $3.40 per share.

A robotic process automation system in a modern datacenter.

The proposal is subject to several conditions, including satisfactory due diligence, the negotiation of an acquisition agreement, and approval from key shareholders of TELUS International (Cda) Inc. (NYSE:TIXT). The completion of the transaction will also be subject to compliance with the security laws of Canada and the United States.

TELUS International (Cda) Inc. (NYSE:TIXT) crafts and delivers unique solutions, including AI and content moderation, for global and disruptive brands. The company’s shares surged by 26% on Thursday following the reports to cap off returns of nearly 27% for the week.

While we acknowledge the potential of TIXT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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