Here are four stocks with buy rank and strong value characteristics for investors to consider today, August 23rd:

Caleres, Inc. (CAL Quick QuoteCAL - Free Report) : This footwear company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.

Caleres’s has a price-to-earnings ratio (P/E) of 11.08, compared with 14.90 for the industry. The company possesses a Value Score of A.

Pilgrim's Pride Corporation (PPC Quick QuotePPC - Free Report) : This major chicken company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings advancing 18.2% over the last 60 days.

Pilgrim's Pride’s has a price-to-earnings ratio (P/E) of 11.68, compared with 14.60 for the industry. The company possesses a Value Score of A.

Johnson Outdoors Inc. (JOUT Quick QuoteJOUT - Free Report) : This manufacturer of outdoor equipments has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 45.2% over the last 60 days.

Johnson Outdoors’ has a price-to-earnings ratio (P/E) of 17.78, compared with 19.70 for the industry. The company possesses a Value Score of A.

Magna International Inc. (MGA Quick QuoteMGA - Free Report) : This automotive systems manufacturer has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings advancing 2.3% over the last 60 days.

Magna International’s has a price-to-earnings ratio (P/E) of 7.93, compared with 10.50 for the industry. The company possesses a Value Score of A.

See the full list of top ranked stocks here

Learn more about the Value score and how it is calculated here.

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