The Federal Reserve stated that interest rates may decrease later this year from the current range. This was done in response to high inflation rates reaching 9.1% in June 2022. Despite a lower inflation rate in February, there is still concern about inflation rising above the 2% target. If this happens, high-interest rates could remain in place for an extended period. In such a scenario, investors may want to consider stocks like:

The Charles Schwab Corporation (NASDAQ: SCHW)

Charles Schwab has benefited from the current high-interest rate environment. The company saw a 20% increase in total client assets, reaching $8.8 trillion in February. With higher yields on loans and mortgages, the company's net interest margin is expected to remain elevated. Analysts are forecasting a price target of $75.31, with the potential for the stock price to reach $87.

MetLife, Inc. (NASDAQ: MET)

MetLife is one of the largest insurance companies that can adjust profitability by altering insurance premiums. The reserves maintained by insurance companies for potential claims can bring higher yields in a high-interest rate environment. The company was recognized as one of Fortune's World's Most Admired Companies. Analysts predict a price target of $82.60, with a high estimate of $88 per share.

Duke Energy Corporation (NASDAQ: DUK)

Duke Energy, a utility company, is well-positioned to handle a high-interest rate environment. The company's services are essential and unlikely to go out of demand. Duke reported strong financial results in 2023, with operating income increasing by 16.6% year-over-year. Duke Energy plans to achieve net-zero methane emissions by 2030. Analysts have set a price target of $102.92, with a high estimate of $118 per share.

These stocks could be worthwhile investments if interest rates remain high. Investors should conduct further research and consider their own financial goals before making any decisions.