Jim Cramer's Mad Dash: Stratasys Is Nice, but Pricey

NEW YORK (TheStreet) -- Shares of Stratasys (SSYS) 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. 

While Stratasys, VoxelJet  (VJET) and 3D Systems (DDD) may have "captured the imagination of investors," the companies have yet to capture enough earnings to support their valuations, Cramer said. 

"There's nothing wrong with the company," he said of Stratasys, but the stock is overvalued.

-- Written by Bret Kenwell in Petoskey, Mich.

>>Read More: ETF Moves for Before the Crowd Gets Restless

>>Read More: Tim Cook Is a Genius if Apple Buys Beats

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

If you liked this article you might like

3D Systems Could Plunge Even More

3D Systems Could Plunge Even More

These Stocks Are Changing Course

These Stocks Are Changing Course

Analysts' Actions -- Citizens Financial, Expedia, First Solar, Jack in the Box and More

Analysts' Actions -- Citizens Financial, Expedia, First Solar, Jack in the Box and More

Stratasys Stock Drops Premarket Despite 4Q Beat

Stratasys Stock Drops Premarket Despite 4Q Beat

Treehouse Foods, Arconic, Kinder Morgan, Chesapeake Energy: 'Mad Money' Lightning Round

Treehouse Foods, Arconic, Kinder Morgan, Chesapeake Energy: 'Mad Money' Lightning Round