NEW YORK (TheStreet) -- Shares of Stratasys (SSYS - Get Report) are falling Friday after the 3-D printer company earned 40 cents per share on an adjusted basis and beat top-line expectations for the first quarter.
On CNBC's "Cramer's Mad Dash" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said Stratasys is a great manufacturer with an inflated stock price.
The market no longer cares for expensive stocks, he said. Instead, investors are now opting for inexpensive stocks.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts