Stocks also are likely to get some help from a stronger dollar. A weak greenback boosts commodities, most of which trade in dollars and become more attractive to foreign investors during times of weakness for the American currency.
The full video of Berg's analysis is in video at left, along with commentary from CNBC's Rick Santelli and John Ryding of RDQ Economics.
"It feels like commodities have settled down, and I think stocks as a result could see some more upside," Rich Berg, of Performance Trust Capital Partners, said on CNBC.
For Kimmel, the pullback in oil prices has given him the opportunity to take advantage of some alternative-energy plays that capitalize on Americans' newfound trend towards conservation.
He likes Fuel Systems Solutions, which supplies components used to power alternative fuel vehicles. The stock has gained a stunning 273 percent this year and Kimmel believes it still has room to run.
Also, he is recommending Canadian Solar, which designs and makes solar equipment and has gained only modestly this year but is well off its 52-week high, suggesting potential to the upside.
Kresh said he is tentatively moving his clients' money out of cash and into equities. He favors small-caps, which have more growth possibilities, he says, than a mega-cap like CNBC-parent General Electric or Microsoft. He is avoiding financials, primarily because he thinks long-term investors could get crushed if the market turns lower after the summer rally.
"Long-term investors don't move money at this rapid a pace. That suggest to me that this is a trade that's going through and not people establishing long-term positions," Kresh says. "Investors need to be cautious, because in this kind of market you can get whipsawed in a hurry."