PLTR bull thesis supported by competitive advantage, sovereign AI driver, and Barclays $235 target; price at $209 exceeded prior technical expectations.

Palantir shares have risen by only 15.72% since the beginning of the year, but we were buying them at $106. The price has now reached approximately $209, meaning it has doubled in about 3 months .

Palantir has risen by 24% in the last 30 days . Everything else was in the red except for Palantir, which rose 9%,

Although these things may seem weak at the moment, the future is very bright because of the competitive advantage and the target markets they are addressing. Also, Palantir received another promotion from Barclays .

I remember Alex Karp saying two years ago that the value would go to chips and ontology . This is the system that organizes the company's data so that you can use it. I also believe that sovereign artificial intelligence is a major driver of all this activity.

But Barclays coming out and setting a target price for Palantir at $235 is one of the reasons for its meteoric rise today. I have said in my technical analysis videos over the past few weeks that this stock will head straight to $200.

I think I completely underestimated that. We are now at $209.