Here are three stocks with buy rank and strong value characteristics for investors to consider today, January 29:

South Plains Financial, Inc. (SPFI Quick QuoteSPFI - Free Report) : This bank holding company for City Bank carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

South Plains has a price-to-earnings ratio (P/E) of 11.38, compared with 22.64 for the S&P 500. The company possesses a Value Score of B.

Alerus Financial Corporation (ALRS Quick QuoteALRS - Free Report) : This bank holding company for Alerus Financial, National Association carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 2.4% over the last 60 days.

Alerus Financial has a price-to-earnings ratio (P/E) of 9.51, compared with 11.00 for the industry. The company possesses a Value Score of A.

SK Telecom Co., Ltd (SKM Quick QuoteSKM - Free Report) : This wireless telecommunication services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 2.3% over the last 60 days.

SK Telecom has a price-to-earnings ratio (P/E) of 12.46, compared with 15.40 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.