Jim Cramer says guidance really matters as Wall Street senses a slowdown

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Cramer said Walt Disney, Datadog, Uber and Upstart recently reported solid quarters but saw shares sink from less-than-ideal guidance.

CNBC's Jim Cramer on Wednesday said a company's guidance can make or break its stock in this tricky market environment.

As Wall Street senses a slowdown, guidance can have more impact on a stock than it should, according to Cramer. Cramer gave several examples of companies that recently reported solid quarters, but saw their shares sink due to less-than-ideal guidance, includingon Tuesday.

 

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