Construction on an Amazon warehouse in New York.
Amazon embarked on a logistics building spree in the pandemic. Pictured is an under-construction Amazon warehouse in New York.
  • A buy signal is about to flash for stocks, Bank of America said Wednesday. 
  • The S&P 500 is hovering close to the firm's year-end target of 4,000. 
  • Investors should take a look at "old economy" sectors like materials and energy. 

Investors are sitting at the edge of a signal to buy stocks, and the best way to maneuver through the potential rush will likely be in the so-called "old economy," said Bank of America.