Analysts are split on Molex, but five of 12 analysts rate it hold.

FORBES: Earnings Preview: Molex

Other competitors in the technology sector include: Molex Incorporated (MOLX), RF Industries, Ltd. (RFIL), and TE Connectivity (TEL).

FORBES: Earnings Preview: Amphenol

Daryanani also trimmed his target prices for Amphenol, Celestica, Flextronics, Jabil Circuit, Molex and Plexus.

FORBES: Sanmina, Benchmark Off; RBC Cautious On Tech Supply Chain

Auto parts suppliers, such as Dura, Johnson Controls, Delphi and Molex, are already manufacturing there, with others ready to follow suit.

FORBES: Investors' Paradise

Although Molex reported profit of 44 cents a year ago, the consensus estimate calls for earnings per share of 38 cents.

FORBES: Earnings Preview: Molex

Mohan also cut target prices (but not ratings) on the connector companies Amphenol, Tyco Electronics, Kemet and Molex.

FORBES: On Weak Economy, Merrill Wary On Contract Manufacturers

Analyst sentiment about Molex has waned during the last three months.

FORBES: Earnings Preview: Molex

Kawasaki, BNSF Railway, Duncan Aviation and Molex are thriving in Lincoln.

FORBES: The Cities with the Best and Worst Unemployment Rates

He reduces his forecasts and stock targets for 14 companies, including not only Arrow, but also Avnet, Ingram Micro, Tech Data, Synnex, Molex, Amphenol, Sensata, Tyco Electronics, Jabil, Flextronics, Sanmina and Motorola Solutions.

FORBES: Goldman Now Wary On Tech Supply Chain; Downgrades Arrow