Investors may want to consider putting new money to work in stocks.

This recent upheaval is creating significant investment opportunities in cyclical and value stocks, according to Bryn Mawr Trust’s Jeff Mills.

“[These areas] of the market that have really been left for dead for the better part of two months is really encouraging to me,” the firm’s chief investment officer told CNBC’s “Trading Nation” on Wednesday.

Even though Mills believes more pain could be ahead, he lists energy, materials, industrials and small caps as his top investment picks because they’re tied to the economic rebound and often do well in a rising interest rate environment.

“If you look at the average stock in the Russell 1000 being down about 10% right now,” he said. “Zero percent of energy names are above their 50-day moving average.”

Within energy, Mills is particularly bullish on EOG Resources, a shale oil and natural gas producer.

“That’s our favorite name in…

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