Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 20:

DiamondRock Hospitality Company (DRH Quick QuoteDRH - Free Report) : This real estate investment trust carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days.

DiamondRock Hospitality has a price-to-earnings ratio (P/E) of 10.33, compared with 13.80 for the industry. The company possesses a Value Score of B.

WESCO International, Inc. (WCC Quick QuoteWCC - Free Report) : This business-to-business distribution, logistics services, and supply chain solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 5.1% over the last 60 days.

WESCO has a price-to-earnings ratio (P/E) of 20.99, compared with 22.90 for the S&P 500. The company possesses a Value Score of B.

Leggett & Platt, Incorporated (LEG Quick QuoteLEG - Free Report) : This engineered components and products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.6% over the last 60 days.

Leggett & Platt has a price-to-earnings ratio (P/E) of 9.02, compared with 14.90 for the industry. The company possesses a Value Score of A.

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.