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

California BanCorp (BCAL Quick QuoteBCAL - Free Report) : This bank holding company for California Bank of Commerce carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 5% over the last 60 days.

California Bank has a price-to-earnings ratio (P/E) of 12.23, compared with 12.50 for the industry. The company possesses a Value Score of B.

Supernus Pharmaceuticals, Inc. (SUPN Quick QuoteSUPN - Free Report) : This biopharmaceutical company focused on CNS diseases carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.

Supernus has a price-to-earnings ratio (P/E) of 17.54, compared with 23.54 for the S&P 500. The company possesses a Value Score of B.

NexPoint Residential Trust, Inc. (NXRT Quick QuoteNXRT - Free Report) : This publicly traded REIT carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

NexPoint Residential has a price-to-earnings ratio (P/E) of 10.51, compared with 17.30 for the industry. The company possesses a Value Score of B.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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