SOURCE: Wall Street News Alert

Wall Street News Alert

June 22, 2007 09:43 ET

Wall Street News Alert: AFHD Is Friday's Stock to Watch! June 22, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - June 22, 2007) - Wall Street News Alert's "stocks to watch" this morning are: American Food Holdings, Inc. (PINKSHEETS: AFHD), Chevron Corporation (NYSE: CVX), Whole Foods Market (NASDAQ: WFMI) and Kraft Foods, Inc. (NYSE: KFT).

Wall Street News Alert is continuing its coverage of American Food Holdings, Inc. (PINKSHEETS: AFHD). After the company, which manufactures and markets beef jerky and other snack foods, issued a press release Wednesday announcing that it will open its 5th company-owned BEEF JERKY OUTLET™ store on September 1, 2007, the company issued another press release Thursday after the markets closed announcing that it celebrates 6 decades of fine quality meat production, and provides insight into the company's history.

American Foods traces its roots to 1945, when Chuck Reinhold's grandfather opened Reinhold & Sons meat market in Detroit.

Watch this company, as it has issued some positive news over the past few weeks, and since it began trading on May 29th, 2007. AFHD just recently announced it will open its 4th company-owned outlet store on July 4, 2007. Furthermore, the company was recently rated a "Speculative Buy," with a target price of $.40, by Beacon Equity Research AND the company's president was featured on the MacReport.Net, a leading provider of online business and financial information.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of American Food Holdings! American Food Holdings, Inc. manufactures and markets beef jerky and other snack foods under the Reinhold & Timko® Beef Snacks brand name and supplies products to more than 300 distributors across the U.S. Reinhold and Timko® management has a combined 210 years of experience in the production of fine quality beef and meat snacks. In 1997, Reinhold & Timko® built a state-of-the-art 20,000 sq. ft. USDA-inspected facility capable of producing millions of pounds of snacks a year.

The meat snacks industry is poised for good growth over the next five years. Industry sales grew from $ 1.3 billion in 1999 to $ 2.4 billion in 2003 and reached $ 3.2 billion in 2006, a 13.7% growth rate. Despite this growth, market penetration is low; only 39% of U.S. household buy meat snacks. This suggests favorable opportunities for additional sales, which are forecast to rise to $ 4.2 billion in 2009, 31% higher than 2006 sales. Consumer interest in a low carbohydrates diet is supporting industry growth, as is increased interest in consuming beef products*.

Prior to the latest press release, the stock closed at around Two cents a share.

* Source: Beacon Equity Research Report

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.

Chevron Corporation (NYSE: CVX) up 2.3% on 10 million shares traded. Chevron is one of the world's leading energy companies. With more than 56,000 employees, Chevron subsidiaries conduct business in approximately 180 countries around the world, producing and transporting crude oil and natural gas, and refining, marketing, and distributing fuels and other energy products.

Whole Foods Market (NASDAQ: WFMI) down 1.7% on 3.9 million shares traded. Whole Foods Market (http://www.wholefoodsmarket.com) is the world's leading natural and organic foods supermarket and America's first national certified organic grocer.

Kraft Foods, Inc. (NYSE: KFT) up 6.6% on 57.8 million shares traded. Kraft Foods is one of the world's largest food and beverage companies with annual revenues of more than $34 billion. For more than 100 years, Kraft has offered consumers delicious and wholesome foods that fit the way they live.

Market Commentary:

"YouTube will be available to iPhone users in an announcement made by Apple Inc. Apple plans to sell 2 versions of the new iPhone, priced from $499-$599, with a two-year service contract with AT&T Inc. Teaming with YouTube will enable iPod users to get the latest video clips," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. (WSCF has been compensated One Million and Five Hundred Thousand shares of American Food Co., Inc. (PINKSHEETS: AFHD) stock by a third party (New Age Sport Inc.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF has sold Two Hundred Thousand of those shares, as of this release, and intends to immediately begin or continue selling its shares as this release is being circulated. WSCF may receive additional shares for extension of its services. Any additional shares will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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