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These stocks should lead Nasdaq breakout, statistics show

A technician prepares a flow cell slide for loading onto a genetic sequencing machine at a Regeneron Pharmaceuticals laboratory in Tarrytown, N.Y.
Mike Segar | Reuters

As risk appetite returns to markets, the tech-heavy Nasdaq Composite is on a roll, topping its previous record close set last year and hitting a record intraday high Tuesday.

Kensho, an analytical tool used by hedge funds, can tell us the stocks most likely to trade higher during rapid rallies by the index. The result? Think big and look to biotech. The following stocks should lead the way if that breakout continues, statistics show.