Here are three stocks with buy rank and strong value characteristics for investors to consider today, October 7th:

International Consolidated Airlines Group S.A. (ICAGY Quick QuoteICAGY - Free Report) : This passenger and cargo transportation services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.

International Consolidated Airlines has a price-to-earnings ratio (P/E) of 6.81, compared with 8.80 for the industry. The company possesses a Value Score  of A.

ScanSource, Inc. (SCSC Quick QuoteSCSC - Free Report) : This distributor of technology products and solutions carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

ScanSource has a price-to-earnings ratio (P/E) of 11.11, compared with 24.73 for the S&P 500. The company possesses a Value Score of A.

Urban Outfitters, Inc. (URBN Quick QuoteURBN - Free Report) : This consumer products retailer and wholesaler carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.

Urban Outfitters has a price-to-earnings ratio (P/E) of 13.91, compared with 20.90 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.