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.
"There's nothing wrong with the company," he said of Stratasys, but the stock is overvalued.
-- Written by Bret Kenwell in Petoskey, Mich.