Stock guru picks Ethan Allen as a ‘buy'

Jim Cramer sees opportunity in future housing recovery

Furniture Today Staff -- Furniture Today, September 26, 2008

NEW YORK — One of Wall Street's most strident voices, Jim Cramer, is recommending Ethan Allen stock as a "buy" and is predicting the company will take part in a housing sector recovery late next year. It's the first time he has recommended a furniture stock.

Cramer also conducted an interview with Ethan Allen's chairman and CEO, Farooq Kathwari. Click here to go to Cramer's report on CNBC.