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NXP Semiconductors (NXPI) - Get NXP Semiconductors N.V. Report  shares are down nearly 17% Thursday following weaker-than-expected guidance while Buffalo Wild Wings'  (BWLD)  are down by nearly the same amount on disappointing earnings and same-store sales. 

Both results concern TheStreet's Jim Cramer.

NXP said it expected roughly $1.3 billion in revenue next quarter, below estimates for $1.6 billion, Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Mad Dash" segment. 

The guidance was "so bad" Cramer said he thought it was a typo. He found the guidance puzzling because NXP Semi is "an excellent company" that operates in growth markets like the Internet of Things, car connectivity and mobile devices, most- notably in Apple (AAPL) - Get Apple Inc. Report products. 

BWLD and NXPI data by YCharts

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Cramer doesn't know why NXP's revenue expectations are down by so much but he does know that investors are now likely to sell shares of Skyworks Solutions (SWKS) - Get Skyworks Solutions Inc. Report and Avago Technologies (AVGO) - Get Broadcom Inc. Report  as a result.

As for Buffalo Wild Wings, the restaurant chain missed on earnings per share and revenue expectations and reported same-store sales results that showed a "remarkable deceleration," he said. 

Management seemed too "rosy" given the disappointing results, and analysts at CLSA seemed to agree, downgrading the stock from buy to sell, Cramer added. 

Besides his concern about the same-store sales, raw costs for chicken are not declining the way some analysts had expected. There are also worries about the lofty real estate prices that could hinder Buffalo Wild Wings in future, he said. 

That's why investors should avoid the stock for now and let it find a bottom, Cramer concluded. 

At the time of publication, Cramer's Action Alerts PLUS had a long position in AAPL.