When energy stocks have a bad year outside the context of a global recession, they typically bounce 15 percent the following year, he said.
Energy companies in the S&P 500 declined 10 percent in 2014, tracking the 50 percent decline in oil prices over the past six months.
Timing the market
Rosenberg, however, cautions that investors should wait a few months before gaining exposure to the space.
Read MoreHere's where you can find opportunities in oil: Pro
"I don't think you have to get in right now [because] the oil price has some downside potential. But at some point this year, it's going to be a very attractive opportunity," Rosenberg said in an interview with CNBC.
"My sense is that, sometime in the second quarter, if I had to time it, we may find valuations improve more dramatically and provide a more compelling picture in terms of dipping some toes in the energy space," he said.
His shopping list will include low-cost oil and gas producers with strong balance sheets who can weather the storm, including Canada-based Pine Cliff Energy, Arc Resources, Kelt Exploration, Suncor and Canadian Natural Resources.
Oil prices have been on a slippery slope amid an environment of feeble global demand and strong supply growth.
U.S. crude edged up to $48.79 per barrel on Thursday after plumbing a 5-1/2-year low of $46.83 in the previous session. While, Brent dropped by 26 cents to $51 a barrel. It had fallen to $49.66 on Wednesday, its lowest since May 2009.
Analysts expect prices will fall further from current levels, due to a variety of supply factors including increased oil exports out of the U.S. and record production levels from Iraq and Russia.