I have used HSS tool bits for over 60 years. Please remember, you get what you pay for. I just looked at eBay. One seller was selling "5 3/8" HSS tool bits" for $12. Another was selling the same size bits, Specified as M42, for $11 EACH. I love HSS. They take only a few seconds to resharpen when it is needed. If you are lucky, you get what you pay for - read between the lines.
Plus I have a tangential tool holder on my lathes and nobody makes carbide insert tooling for tangential tool holders.
Also keep in mind "CROBALT" tooling. Grinds almost like HSS and last a long time even on tough materials. Curiously, it is a cast alloy that grinds fairly easily with normal grinding wheels.
Very strangely, you cannot dip it in water to cool it off when it gets hot while grinding it, you have to let it air cool.
Keep in mind that Industrial Machine shop suppliers only sell the expensive and good stuff and it is worth it.
Good carbide cutters are excellent for lots of tough jobs, for aluminum and plastic, in my opinion, probably not needed. In fact, I have a friend with several Hass lathes and other similar machines - he makes prototype medical implants like human bone joints. He told me that one cut on aluminum in his $100,000 plus CNC machines ruins the carbide inserts for the exotic materials he machines.