Two so-called growth companies are getting a lot of attention after earnings spooked investors. But Cramer says don't paint both stocks with the same brush.
The first is Qualcomm, a maker of semiconductor chips and technology.
In its quarterly report, Qualcomm said that fiscal 2014 revenue would range from $27.5 billion to $26 billion, on the low end of analysts expectations of $27.5 billion.
"That was jarring to hear," Cramer noted. "Qualcomm has shown pretty consistent revenue growth."
Cramer found the outlook particularly curious because Qualcomm's components are used in smartphones made by Apple and Samsung. Both the iPhone and Galaxy are growing in popularity all over the globe: theoretically, growth should have accelerated.
"Now make no mistake, I think it's a great company," said Cramer. "It has returned capital to shareholders in the form of buybacks and dividends to the tune of $6.7 billion."