Like Warren Buffett so often says, sometimes it pays to be greedy when others are fearful.
Jim Cramer thinks that's exactly the case in Domino's Pizza which sold-off more than 5% after the company reported earnings.
The sell-off may seem somewhat counter-intuitive. Domino's Pizza second-quarter profit rose 19 percent as sales grew in established stores and the pizza chain opened new locations outside the U.S.
"However, when you have a turbocharged stock that has doubled over the last twelve months, you have to knock the ball out of the park. Domino's didn't do that," Cramer explained.
Looking at the numbers a little more closely, Domino's earned $33.3 million, or 57 cents per share, for the period ended June 16. Analysts, on average, expected earnings of 56 cents per share, according to a FactSet poll.
"That's basically in-line," Cramer explained. "The Street sees that as 'nothing to write home about.' Therefore the stock got poleaxed."