Down 7% in a week, sellers have been slamming this housing-related play. Cramer, however, thinks the selling is misguided.
"Right now we've got a major bull market in all things housing related, especially the housing related retailers. So when I see a housing related retailer selling off, I smell opportunity," said the Mad Money host on Thursday's broadcast.
And at $25, the level at which Ethan Allen was trading at the time of writing - Cramer viewed Ethan Allen Interiors, TICKER:ETH as an opportunity.