Salem Capital Management Inc Buys DuPont de Nemours Inc, BorgWarner Inc, Dow Inc, Sells Anadarko Petroleum Corp, Microsoft Corp, PayPal Holdings Inc

• New Purchases: 6D81, KO,
• Added Positions: BWA, DOW, CMCSA, APTV, HAL, PCAR, JPM, MRO,
• Reduced Positions: MSFT, JNJ, PYPL, JOF, MRK, INTC, PFE, BAC, GLW, WRK, WFC, IP, WY, UTX, CVS, LLY, SLB, IBM, KMB, MMM,
• Sold Out: APC, BK,

For the details of SALEM CAPITAL MANAGEMENT INC's stock buys and sells, go to https://www.gurufocus.com/guru/salem+capital+management+inc/current-portfolio/portfolio

1. Cisco Systems Inc (CSCO) - 175,000 shares, 5.40% of the total portfolio. Shares reduced by 0.7%
2. Honeywell International Inc (HON) - 52,659 shares, 5.18% of the total portfolio. Shares reduced by 0.57%
3. Microsoft Corp (MSFT) - 66,299 shares, 5.01% of the total portfolio. Shares reduced by 30.45%
4. Merck & Co Inc (MRK) - 101,717 shares, 4.81% of the total portfolio. Shares reduced by 5.09%
5. Bank of America Corporation (BAC) - 280,141 shares, 4.58% of the total portfolio. Shares reduced by 4.09%

Salem Capital Management Inc initiated holding in DuPont de Nemours Inc. The purchase prices were between $58.22 and $146.52, with an estimated average price of $85.68. The stock is now traded at around $65.55. The impact to a portfolio due to this purchase was 2.14%. The holding were 50,543 shares as of .

Salem Capital Management Inc initiated holding in Coca-Cola Co. The purchase prices were between $46.18 and $51.92, with an estimated average price of $49. The stock is now traded at around $51.59. The impact to a portfolio due to this purchase was 0.12%. The holding were 4,200 shares as of .

Salem Capital Management Inc added to a holding in BorgWarner Inc by 602.17%. The purchase prices were between $35.31 and $44.23, with an estimated average price of $40.25. The stock is now traded at around $39.31. The impact to a portfolio due to this purchase was 1.64%. The holding were 80,750 shares as of .

Salem Capital Management Inc added to a holding in Dow Inc by 81.37%. The purchase prices were between $46.76 and $59.71, with an estimated average price of $52.82. The stock is now traded at around $47.89. The impact to a portfolio due to this purchase was 1.11%. The holding were 88,685 shares as of .

Salem Capital Management Inc added to a holding in Comcast Corp by 250.51%. The purchase prices were between $40.02 and $43.68, with an estimated average price of $42.2. The stock is now traded at around $42.88. The impact to a portfolio due to this purchase was 0.87%. The holding were 51,175 shares as of .

Salem Capital Management Inc added to a holding in Aptiv PLC by 37.58%. The purchase prices were between $64.04 and $90.79, with an estimated average price of $79.16. The stock is now traded at around $76.07. The impact to a portfolio due to this purchase was 0.39%. The holding were 31,610 shares as of .

Salem Capital Management Inc sold out a holding in Anadarko Petroleum Corp. The sale prices were between $44.47 and $75.86, with an estimated average price of $67.07.

Salem Capital Management Inc sold out a holding in Bank of New York Mellon Corp. The sale prices were between $42.69 and $53.44, with an estimated average price of $46.99.