Updated from 7:05 a.m. EDT

According to Jim Cramer, there are still some

technology stocks worth investing in

, including

Hewlett-Packard

(HPQ) - Get Report

, which he thinks is not too late to buy.

Since technology companies have taken such a beating in the market, it's likely that there are also some short-squeeze opportunities to take advantage of.

The short-squeeze play is a technique that stock traders utilize to generate huge profits in a short period of time. After several days of market drops, heavily shorted stocks could surge on any positive catalyst, especially as short-sellers scramble to cover their bearish positions.

Short positions of stocks are measured by the short-squeeze ratio, which represents the number of days it would take for the short-sellers to cover their positions based on the recent daily volume of the stock.

Stockpickr has reviewed all the technology stocks and developed a list of the

Top Technology Short-Squeeze Plays

, including

Open Text

(OTEX) - Get Report

and

Cree

(CREE) - Get Report

.

To read more,

visit Stockpickr.com

.

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