Missed Out on Amazon? Buy This Dividend Giant Instead

Amazon (NASDAQ: AMZN) has made many of its shareholders millionaires in the several decades since it began selling books through its online marketplace. The tech giant has expanded to over $250 billion of annual product sales in that time while creating a massive services business anchored in the cloud enterprise software niche.

Amazon likely has more room to grow from here, but it would be understandable if you feel like you missed the boat on this tech giant. Its stock also lacks a few qualities an investor might prefer to see in their portfolio, like a steady dividend payment or a cheap valuation.

These things are available in another investment prospect. In fact, there's an established dividend giant that's earlier on in its e-commerce growth story. This company has a good chance at accelerating its sales gains in the coming years and lifting profit margins at the same time. And while there's little chance its market cap will quickly double or triple, there are some good reasons to like (NYSE: WMT) as an investment today.

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Source Fool.com