Tough and wear resistant, cobalt steel bits last at least twice as long as high-speed steel. They can also run up to 25% faster at higher temperatures without being damaged on hard materials, such as nickel.

With flutes that spiral in the opposite direction of other bits, these are primarily used to remove stripped screws. Choose a bit that’s slightly smaller than the diameter of the screw’s head. Set your power tool to rotate in reverse. Slowly drill in the center of the screw head, maintaining constant pressure. As the bit penetrates, it will catch onto the screw and reverse it out of the hole. If the screw is badly stripped, you might need to punch a starter hole. Also known as reverse-flute bits. High-speed steel is the versatile choice for drilling most metals.