Boeing (BA) shares tick down Tuesday morning following Goldman Sachs' decision to remove the company from its US conviction list. This comes after the Boeing's advisory warning to airline operators to inspect its 737 Max models for a loose bolt.

Langenberg & Company Principal Brian Langenberg joins Yahoo Finance Live to weigh in on the airplane manufacturer’s overall challenges.

Langenberg insists that in recent history “the problem [for Boeing] is making money," highlighting various struggles with revenue. Noting slow revenue growth, Langenberg states that a silver lining for the company is that “the expectations of the company are very low."

Competition does not appear to be a major concern as Langenberg states that "lagging" profitability should continue to be Boeing's primary focus.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Video Transcript

MADISON MILLS: We've got 80% of analysts having a buy rating here and 18% having a hold on Boeing. So what is the biggest silver lining for this name that analysts are really pointing to here?

BRIAN LANGENBERG: Well, my-- I'll speak for myself. My position on the stock the last 2 to 3 years has been, you know, and COVID's in the past. OK. But sales had bottomed for commercial aircraft at like $20 billion. And over time, you knew that was going to come back to $60 billion. That can't not work. They're making-- I mean, the revenue progress is coming back. The problem is making money. And they have really struggled the last couple of years.

I mean, when I compare-- and no two things are exactly the same. But when I compare, say, a two-year period, like around '09, 2010, you know, they had a combined those two years maybe about $130 billion of revenue. And they made like, $6, $7, $8 cumulatively.

Last two years, the same revenue base. They've reported $17 billion of losses. So there's still work to do, execution wise. You know, the silver lining is that expectations of the company are very low.

SEANA SMITH: When it comes to some of the supply chain, the fact that we have seen a bit of a change in their supply chain. In terms of the risk that could pose or how that positions Boeing against some of the rivals, how does Boeing stack up?

BRIAN LANGENBERG: So a couple of things. On the supply chain side, there were a couple specific things both relating to the fuselage, you know, which they purchased their fuselages from Sprint, which had been their own operations until about 20 some years ago. OK. And I'm sorry, I said Sprint. I mean, Spirit Air. My apologies on that.