Selecting An Appropriate Bolt

I had a bit of an adventure when one of the two handlebar-fixing bolts
on my Deda Murex quilled stem decided to snap with a rather impressive
cracking noise. I somehow didn't crash and happened to be only about
seven miles from home. I got slowly home holding the stem with one hand
and one of the brake levers on the dangling handlebars with the other
hand. (This is not recommended to the reader.)

I see that the bolt is a M6x18 tapered cone head Allen cap screw with
pressed-on washer.

The stem is two months shy of 15 years old, but I don't want to have
this happen again. Looking on eBay, I see quite a few appropriate
bolts, but I'm not sure what is optimal. Can anyone help?

Everything seems to be Grade 5. Is that safe enough, or do I really
want to (somehow) find Grade 8?

Many are titanium. Is that a better choice than the more-common steel?
Or should I look for stainless steel? I am always happy to save a few
grams, but not if that's a significant risk.

Advice welcome!

Art