Here are two stocks with buy rank and strong value characteristics for investors to consider today, May 12th:  

OI Glass (OI Quick QuoteOI - Free Report) : This company which is the largest manufacturer of glass containers in the world, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.4% over the last 60 days.

O-I Glass, Inc. Price and Consensus

O-I Glass, Inc. price-consensus-chart | O-I Glass, Inc. Quote

OI Glass has a price-to-earnings ratio (P/E) of 6.60 compared with 7.80 for the industry. The company possesses a Value Score of A.

O-I Glass, Inc. PE Ratio (TTM)

O-I Glass, Inc. pe-ratio-ttm | O-I Glass, Inc. Quote

CECO Environmental (CECO Quick QuoteCECO - Free Report) : This company that manufactures and sells fiber bed mist eliminators to the various industries primarily in the United States, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.0% over the last 60 days.

CECO Environmental Corp. Price and Consensus

CECO Environmental Corp. price-consensus-chart | CECO Environmental Corp. Quote

CECO Environmental has a price-to-earnings ratio (P/E) of 13.99 compared with 21.60 for the industry. The company possesses a Value Score of B.

CECO Environmental Corp. PE Ratio (TTM)

CECO Environmental Corp. pe-ratio-ttm | CECO Environmental Corp. Quote

See the full list of top ranked stocks here.

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