SAM is SAM Engineering, a company involved in making aerospace parts and equipment. Equipment such as HDD and semiconductor stuff. Its management is Singaporean, and SAM has links to Temasek.

SAM's share price skyrocketed in 2021 along with other tech stocks, as it was re-rated as a tech company rather than a manufacturing company. Reason being, its semicon business improved while its aerospace business fell due to Covid-19, which reduced demand for planes. 

The gradual recovery of the aviation industry bodes well for SAM, as the aerospace division could offset the semiconductor downturn which affects its equipment division. 

One of SAM's attractiveness is its strong revenue growth in the past 5 years, although profits were not as consistent. Another impressive feat is its ability to distribute dividends despite having huge capex requirements. 

CONCLUSION:

Perhaps Mr. Market is intrigued by the lack of coverage on SAM, which makes it mysterious and becoming the top trending stock.

Tech stocks had an astrounding rebound recently. 

While other tech stocks are purer semiconductor plays, SAM remains worthy of us keeping an eye on..

Disclaimer: This article is not tailored financial advice, but mere general stock sharing / observations. Please do further due diligence. The author may own some abovementioned stocks.