Even though Americans are still concerned about the economy, anemic employment growth and saving enough for the future, it looks like consumers are starting to make their way back to the malls and department stores -- which is a good sign for Phillips-Van Heusen (PVH).

Macy's (M) reported same store sales rose 4.8% during September, and JCPenney (JCP) reported same store sales rose 5.1% during the same period. This is music to Phillips-Van Heusen's ears because the company owns a large amount of floor space in both of these department stores.

If you're looking to jump in and take advantage of the surge of interest in cloud computing, you might want to take a look at SuccessFactors, Inc. (SFSF).

The stock made a bullish break up and through resistance recently, and it looks like the stock is giving traders who missed the move the first time another chance to get into a position.

If you are looking to profit from a stock that is benefitting from the driving forces in the economy, you should take a look at Cummins Inc. (CMI).

Cummins is powering up to new 52-week highs, and Goldman Sachs recently placed the company on its Conviction Buy List -- raising its price target to $104, signaling a 22% increase from the stock's current level of $85.

Goldman cites stricter global engine regulations and the need to upgrade existing machinery as one of the key factors that should boost Cummins growth.

Cummins was also recently named to the Dow Jones Sustainability World Index for the sixth consecutive year.

If you're looking to hit the "easy button" and make some money in the stock market, you might want to look at Staples (SPLS).

Goldman Sachs -- citing the firm's growing market share and moves to buy back stock -- recently placed Staples on its Conviction Buy List and raised its price target from $22 to $23.

Of course, the stock is going to have to break out of the downtrend it has been in for the past few months before this looks like an attractive technical trade, but the fundamentals are starting to line up.

As Wall Street watches to see which direction the S&P 500 is going to go this week, investors in Bank of America (BAC) have already made their decision. They are sending the stock south.

Bank of America gapped down after its earnings announcement on Friday, July 16, and it is continuing to move lower this week. In fact, the stock is at its lowest level since July 2009.

If you are getting nervous about Bank of America, you are not alone. Goldman Sachs announced today that it is removing the stock from its Conviction Buy List -- citing the bank's announcement that its debit interchange fees could fall by as much as 80%. Goldman went on to say that JPMorgan Chase (JPM) looks like a better bet than Bank of America.

Even with cigarette taxes jumping in multiple states across the country, cigarettes and cigarette stocks are still attracting plenty of buyers.

One cigarette maker that stands to benefit from this renewed interest is Lorillard, Inc. (LO) -- maker of Newport and Maverick brands. In fact, Goldman Sachs is so convinced that Lorillard is going to be moving higher that it added the stock to its conviction buy list and gave the stock a 12-month price target of $96.

With a current dividend yield of 5.37%, Lorillard is an attractive play for both income and growth investors. Lorillard currently faces some resistance from its 200-day moving average at $75, but once it breaks through this level, I anticipate seeing the stock climb to its recent highs of $82 within the next few months.

As Android-based smartphones continue their assault on the iPhone, QUALCOMM (QCOM) is poised to reap the spoils of war.

QUALCOMM is springing higher, challenging resistance at $36 and Goldman Sachs (GS) just put the stock on its prestigious Conviction Buy List -- citing faster smartphone growth and product cycles.

Goldman estimates that every 1% share shift into Android-based smartphones translates to $0.06 in EPS upside for QUALCOMM.

QUALCOMM's chipsets are in 80% of Android-based smartphones and the company's Android ASPs are more than double its average ASP, according to the firm.