First on CNBC: Cramer Recommends Furniture Stock

ETH CEO On A Turnaround

Anticipating the early cycle companies that will benefit from a housing turnaround, with Farooq Kathwari, Ethan Allen chairman & CEO and Mad Money host Jim Cramer.

Cramer's never recommended a furniture stock before, but Thursday he said that Ethan Allen Interiors is a buy.

The is Cramer's latest pick in his series on early-cycle housing sector stocks. He's predicting an bottom by the third quarter of 2009. The homebuilders themselves have already popped, so Cramer's trying to find other companies that will take part in the turnaround. Hence this center for interior design.

Check out Cramer's interview with Ethan Allen Interiors Chairman and CEO Farooq Kawthari. He shares his secrets to finding growth even in an environment like this one as well as the importance of knowing what's best for your company, despite what Wall Street says.

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