Jim Cramer: Shake Shack Is Still Too Expensive

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Shake Shack (SHAK) has some similarities to Tesla (TSLA).
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Shake Shack (SHAK) - Get Report has some similarities to Tesla (TSLA) - Get Report . 'Per car, Tesla is way too expensive and per store, Shake Shack is way too expensive,' Cramer said. 'At some point, Shake Shack will grow into its market cap.' Cramer also said that some analysts, like the ones at Longbow Research, think Shake Shack is a great growth company.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.