Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 2:

Independent Bank Corporation (IBCP Quick QuoteIBCP - Free Report) : This bank holding company for Independent Bank carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Independent Bank Corporation Price and Consensus

Independent Bank Corporation price-consensus-chart | Independent Bank Corporation Quote

Independent Bank has a price-to-earnings ratio (P/E) of 11.07 compared with 12.50 for the industry. The company possesses a Value Scoreof B.

Independent Bank Corporation PE Ratio (TTM)

Independent Bank Corporation pe-ratio-ttm | Independent Bank Corporation Quote

Baytex Energy Corp. (BTE Quick QuoteBTE - Free Report) : This energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Baytex Energy Corp Price and Consensus

Baytex Energy Corp price-consensus-chart | Baytex Energy Corp Quote

Baytex Energy has a price-to-earnings ratio (P/E) of 11.94 compared with 22.36 for the S&P. The company possesses a Value Score of A.

Baytex Energy Corp PE Ratio (TTM)

Baytex Energy Corp pe-ratio-ttm | Baytex Energy Corp Quote

Silvercorp Metals Inc. (SVM Quick QuoteSVM - Free Report) : This mining company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.

Silvercorp Metals Inc. Price and Consensus

Silvercorp Metals Inc. price-consensus-chart | Silvercorp Metals Inc. Quote

Silvercorp Metals has a price-to-earnings ratio (P/E) of 12.03 compared with 22.36 for the S&P. The company possesses a Value Score of A.

Silvercorp Metals Inc. PE Ratio (TTM)

Silvercorp Metals Inc. pe-ratio-ttm | Silvercorp Metals Inc. Quote

See the full list of top ranked stocks here.

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