SOURCE: Wall Street News Alert

Wall Street News Alert

June 26, 2007 09:36 ET

Wall Street News Alert: AFHD Is Still on the Move! June 26, 2007

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

WESTON, FL--(Marketwire - June 26, 2007) - Wall Street News Alert's "stocks to watch" this morning are: American Food Holdings, Inc. (PINKSHEETS: AFHD), Wal-Mart Stores, Inc. (NYSE: WMT), Procter & Gamble Co. (NYSE: PG) and Walgreen Co. (NYSE: WAG).

American Food Holdings, Inc. (PINKSHEETS: AFHD) should be on your radar screen this morning. Monday after the markets closed, the company, which manufactures and markets beef jerky and other snack foods, issued a press release announcing that Market Advisors has issued a research report on the company, with an intermediate-term price target of $0.18 per share.

According to the new report, the world meat snack food market continues to grow at a rapid pace. The United States is the largest market, accounting for about a third of the world's total, and Japan and the United Kingdom, together, another quarter of the world's total. The spread of Western eating habits to other parts of the world continues as lifestyles in those parts of the world become busier, and traditional family meal times become a thing of the past. As a result, the demand for products offered by American Food continues to increase.

The report also states that American Food rate of growth, from a goal of $2.2 million in sales in 2007 to a goal of $4.5 million in sales in 2008, is a very aggressive plan indeed. If achieved, this could equate into a golden opportunity for spectacular growth potential.

American Food Holdings promotes food snacks and services to thousands of customers nationwide. American Food is the parent company of Reinhold and Timko, which has manufactured quality jerky and meat snacks in Michigan since 1983. One out of four homes in the US purchase jerky snack products, and thus, there is a huge appeal in this $3.3 billion dollar market. Beef jerky has been an important part of the American diet for over 100 years, which has led to the beef snack part as the fastest growing segment of the snack food industry. People are motivated to buy these products because they taste good and meet low-fat requirements.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of American Food Holdings! Growing interest and demand for high-quality, nutritional snack foods will only enhance the timing and positioning of this product. There is an extremely profitable niche available for companies wishing to compete in a marketplace that seeks price and nutritional values. American Food Holdings recently announced its planned expansion of its largely regional base of operation through the introduction of an outlet named BEEF JERKY OUTLET™ (BJO) located in Waterford, Michigan on July 4th. The Company has plans to open 10 more stores by mid-2008. AFHD also has plans to market its products internationally, which will allow them to tap into the huge potential markets in Europe and Asia.

Before the news was released, AFHD stock closed Monday at around Three cents a share

For Wall Street News Alert's in-depth profile of American Food Holdings, visit

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Wal-Mart Stores, Inc. (NYSE: WMT) down 0.02% on 17.8 million shares traded.

Every week, millions of customers visit Wal-Mart Stores, Supercenters, Neighborhood Markets, and Sam's Club locations across America or log on to its online store at The company and its foundation are committed to a philosophy of giving back locally. Wal-Mart is proud to support the causes that are important to customers and associates right in their own neighborhoods, and last year gave more than $270 million to local communities in the United States.

Procter & Gamble Co. (NYSE: PG) up 0.08% on 11.6 million shares traded.

Incorporated in 1949, PGP is America's foremost producer of high-quality serial programming. Its mission is to produce or acquire compelling, educational, platform-neutral content of superior quality that creates value for the consumer and for PGP. PGP focuses on creating relevant content for marketers and brands to communicate and build relationships with consumers.

Walgreen Co. (NYSE: WAG) down 1.6% on 9.5 million shares traded.

Walgreen Co. is the nation's largest drugstore chain with fiscal 2006 sales of $47.4 billion. The company operates 5,751 stores in 48 states and Puerto Rico, including 77 Happy Harry's stores in Delaware and surrounding states.

Market Commentary:

"The median price of an existing home in May was at $223,700, off by 2.1% from the previous May. Plus, the number of homes for sale is up by 23% over last year," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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