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.

The flutes spiral in the opposite direction of other bits and stay sharp longer than high-speed steel. They’re 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.

Performance similar to solid carbide but at a lower price point. Like carbide bits, these are stronger than cobalt and high-speed steel and maintain their sharp edges when drilling abrasive material. However, when drilling tough metals like iron and hardened steel, upgrade to carbide for longer life.

Avoid clogs and dissipate heat with cobalt bits that last at least twice as long as high-speed steel. The flutes clear chips to improve coolant flow and prevent damage to the bit and the hole. They also speed up drilling since you don't have to stop to clear the bit manually.