The goal of this article is to argue for a hold thesis on Boeing Company (NYSE:NYSE:BA). The key consideration for this thesis is the mixed outlook I'm seeing. As such, I anticipate the stock price to move sideways without a definitive direction. For existing investors, this means that I do not see too much room for the stock to fall in a downward direction anymore. The large corrections so far (the stock lost more than 35% year-to-date alone as shown below) already have priced in most of the negatives. For potential investors, I don’t see too much upside potential either.