Tesla, Wells Fargo, ODP Corp., IMAX and Gilat Satellite Networks are five top stock gainers for Monday.

Valuations for many stocks are high, says Jim Cramer. That means investors should be on the lookout for potential shocks and new buying opportunities.

TJX, ODP, Valvoline, Nova Ltd. and Tattooed Chef are five top stock gainers for Wednesday.

Office Depot traded higher after the chain posted first-quarter earnings that exceeded expectations and said it would spin off its distribution business.

ODP says Staples' offer would expose the Office Depot parent to 'material uncertainty.' It proposes a possible alternative deal idea.

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.